The table to the right provides the number of mergers and acquisitions made during January 1 through January 11 of each year for an?8-year period. Compute a simple centered?3-point moving average series for the data. Plot the smoothed series and discuss the resulting graph.

Year Deals

1 698

2 936

3 1,014

4 931

5 767

6 998

7 870

8 852

Compute the three year moving average. Year Deals 3-Point Moving Average 698 2 936 3 1,014 4 931 5 767 6 998 870 852 (Round to two decimal places as needed.)