Average versus weighted avg in SAS E.G.

heleenw — Tue, 26 Oct 2021 09:43:31 GMT

Hi all,

I am struggling with making weighted averages shown.

I have 3 parameters - EAD (a number), LGD (a number) and PD (a series of percentages). These are in a sas-dataset of which the output has been verified and is known to be correct.

Needed is, for each of the 3, their averages produced but not normal averages; but weighted avg ; weighted by exposure total (EAD-total).

It takes a grouping sum to sort it out.

Can anyone explain to me how this works?

I found out how to do; made 1 example calculation using proc means + keyword weight.

But stakeholders requested to see it done manually by use of the querybuilders which are graphically available in SAS EnterpriseGuide rather than by code.

And I have been staring at the problem for a while but I cannot seem to get it done with graphic user-interface SAS E.G. querybuilders, so. Does anyone have a code and example data for me? I'm on SAS E.G. v8.

Thanks & best regards,

Heleen

Re: Average versus weighted avg in SAS E.G.

Kurt_Bremser — Tue, 26 Oct 2021 09:59:41 GMT

See an example how you work with weighted averages:

data have;
input group value;
datalines;
1 3
1 5
2 6
2 8
2 10
;

proc sql;
create table weighted as
  select group, mean(value) as value, count(*) as weight
  from have
  group by group
;
select mean(value) as want1
from have;
select sum(value*weight) / sum(weight) as want2
from weighted;
quit;

topic Average versus weighted avg in SAS E.G. in SAS Programming

Average versus weighted avg in SAS E.G.

Re: Average versus weighted avg in SAS E.G.