Hi All,
Is it possible to create a standard deviation across columns?
I had to calculate the Return on Assets for every firm-year in my table along with 4 years of lags. I then need to take the standard deviation of each of the 5 years worth of ROA's. The problem is they are all in columns next to each other. I was hoping to create a new column that showed the SD of the preceding 5 columns.
My data looks like this:
I need to figure out the SD for Microsoft 2018 using the 5 numbers next to it!
Microsoft - 2018 - 3.75 - 3.56 - 3.43 - 4.52 - 1.25
Microsoft - 2017 - 3.56 - 3.43 - 4.52 - 1.25 - 2.45
Thanks!
Use the STD function.
@anweinbe wrote:
Hi All,
Is it possible to create a standard deviation across columns?
I had to calculate the Return on Assets for every firm-year in my table along with 4 years of lags. I then need to take the standard deviation of each of the 5 years worth of ROA's. The problem is they are all in columns next to each other. I was hoping to create a new column that showed the SD of the preceding 5 columns.
My data looks like this:
I need to figure out the SD for Microsoft 2018 using the 5 numbers next to it!
Microsoft - 2018 - 3.75 - 3.56 - 3.43 - 4.52 - 1.25
Microsoft - 2017 - 3.56 - 3.43 - 4.52 - 1.25 - 2.45
Thanks!
Use the STD function.
@anweinbe wrote:
Hi All,
Is it possible to create a standard deviation across columns?
I had to calculate the Return on Assets for every firm-year in my table along with 4 years of lags. I then need to take the standard deviation of each of the 5 years worth of ROA's. The problem is they are all in columns next to each other. I was hoping to create a new column that showed the SD of the preceding 5 columns.
My data looks like this:
I need to figure out the SD for Microsoft 2018 using the 5 numbers next to it!
Microsoft - 2018 - 3.75 - 3.56 - 3.43 - 4.52 - 1.25
Microsoft - 2017 - 3.56 - 3.43 - 4.52 - 1.25 - 2.45
Thanks!
Ugh I can't believe what I did... I tried that but I put the STD() in the wrong place. I put it before each of the variables not thinking!
Thank you!!!
It's finally time to hack! Remember to visit the SAS Hacker's Hub regularly for news and updates.
Learn how use the CAT functions in SAS to join values from multiple variables into a single value.
Find more tutorials on the SAS Users YouTube channel.
Ready to level-up your skills? Choose your own adventure.