Question: 1. By calculating the centered moving average, we remove the cyclical and irregular components of a time series. Group of answer choices This is

1. By calculating the centered moving average, we remove the cyclical and irregular components of a time series. Group of answer choices This is an incorrect statement This is an incorrect statement because the purpose of moving averaging is to remove the trend This is a correct statement This is a correct statement because the purpose of moving averaging is to remove especially the cycle

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