Dear SAS Community Members,
I would like to compute the mean of "returns" variable below and its t-statistics by dummy variables. In other words, I want to find out what the average return is when onemonth=1 and onemonth=2. I actually have 8 dummies and I am aware of the fact that I can create 8 subsets of my data for each dummy. I was just wondering if there was a more efficient way to accomplish this task.
month return signal onemonth secondmonth
1 0.25 down 0 0
2 0.41 up 1 0
3 -0.27 down 0 1
4 -0.37 up 1 0
5 -0.24 up 0 1
6 0.24 up 0 0
Thanks
Means with ways 1;
proc means data=myData noprint;
var return;
class onemonth secondmonth;
ways 1;
output out=myMeans mean=;
run;
PG
Means with ways 1;
proc means data=myData noprint;
var return;
class onemonth secondmonth;
ways 1;
output out=myMeans mean=;
run;
PG
Or using TYPES statement.
proc means data=myData noprint; var return; class onemonth secondmonth; types onemonth secondmonth; output out=myMeans mean=; run;
Ksharp
Thank you so much for your help. Both suggestions work great.
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