Step-by-Step 1 – Explore Functions
Excel workbook: ObtainingQtrlyData.xls. ... To convert monthly data to quarterly data, therefore, we need to average monthly data three at a time. As an example of this process, we downloaded monthly data from FRED on the 10-year treasury constant maturity rate. See the ObtainingQtrlyData.xls workbook. The first step is to number each month. ................
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