Question: Consider a 3-year moving average used to smooth a time series that was first recorded in the year 1955. a. Which year serves as the

Consider a 3-year moving average used to smooth a time series that was first recorded in the year 1955.

a. Which year serves as the first centred value in the smoothed series?

b. How many years of values in the series are lost when calculating all the 5-year moving averages?

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