SIMULATION
Scenario:
This project will use data set cert.input12. At any time, you may
save your program as program12 in cert\programs.
cert.input12 contains a single observation with two variables:
o salary
o year
Write a SAS program that will:
o Create an output data set results.output12.
o Read cert.input12 as input.
o Increase the salary variable by 5.65% annually until it is
greater than $500,000.
o Increment the year variable by 1 with each annual
increase.
o Create an output data set results.output12 that has one
observation for each value of year. Each observation
should have a year and salary variable.
What is the maximum salary hat is less than $500,000? Enter your numeric answer in the space below (Round your answer to the nearest integer)
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Correct Answer:
A
data results.output12;
set cert.input12;
do until (salary gt 500000);
salary=salary*1.0565;
year+1;
output;
end;
run;
proc print data=results.output 12;
run;
