I have a data frame with two columns, a Ref_Date column and a Value column. The date column contains 12 rows for each year, from 1988 until 2015. What I need to do is to group by the year only and summarize the Value column so that I can get only one row for each year containing the sum of all values for each of the 12 months of that year:
row.names   Ref_Date    Value
166483      1989/01     713
166484      1989/02     771
166485      1989/03     565
166486      1989/04     1248
166487      1989/05     1380
166488      1989/06     1118
166489      1989/07     1026
166490      1989/08     995
166491      1989/09     835
166492      1989/10     939
166493      1989/11     878
166494      1989/12     1075
166495      1990/01     878
166496      1990/02     563
166497      1990/03     773
166498      1990/04     1131
166499      1990/05     1562
166500      1990/06     1747
166501      1990/07     1258
166502      1990/08     791
 
     
    