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prices (50 Total Observations) Product_ID Unit_Price Factor 210200100009 $34.

Hello I need help on how to proceed with this problem in SAS


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

a.  Type DATA step to make a new data 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.

b.  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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