Hi ballardw, Thank you so much. I am replicating Table 1 in a paper. I need to find the median of the number of firms that do not pay dividends. But I do not know how to use SAS to write the codes for this. The output I wrote the codes for the the median of the number of firms that do not pay dividends is way too bigger than the median value in the paper. For example, in the paper, the authors state: Nonpayers: Number of firms: 3,015 (in the paper) while the result from me: Nonpayers: Number of firms: 84,691 So, I know that I wrote the wrong codes. But I really don't know how to figure it out. Here is the code file attached. Please help me out. I will really appreciate it.
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