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prices data set contains price information for Orion Star products.

Hello,

my professor is not too good at explaining this, I have this practice problem that  I need help with SAS



The orion.prices data set contains price information for Orion Star products.

Partial orion.prices (50 Total Observations)


    Product_ID      Unit_Price  Factor

  210200100009          $34.70    1.01

  210200100017          $40.00    1.01

  210200200023          $19.80    1.01

  210200600067          $67.00    1.01

  210200600085          $39.40    1.01

  1. Do a DATA step to showing new adata set that forecasts unit prices for the next three years. This data set contains three observations for each input observation read from orion.prices.

  • Open file p202e01. It reads orion.prices and creates a new data set named work.price_increase.
  • Use explicit OUTPUT statements to forecast unit prices for the next three years, using Factor as the annual rate of increase.

2.Print the new data set.

  • Include only Product_ID, Unit_Price, and Year in the report.
  • Verify your results.

Partial PROC PRINT Output (150 Total Observations)

  Obs     Product_ID      Unit_Price   Year

    1   210200100009          $35.05     1

  2   210200100009          $35.40     2

              3   210200100009          $35.75     3

  4   210200100017          $40.40     1

  5   210200100017          $40.80     2

 

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