/* SAS Example 3: Fortune Magazine Example cont. */ /* Fortune Magazine published data on the worlds largest industrial corporations. Information was given on sales, profits, assets, stockholders' equity, and number of employees. Listed here are the data for a sample of 12 of these companies for four variables. Use the data to determine the equation of the multiple regression model to predict profits by revenue, assets and number of employees. Revenue, profits and assets are given in millions of dollars. */ /* Since we saw that there was a problem with highly correlated predictor variables when we initially ran the model, we will try to narrow down our choice of predictor variables with several model refining techniques. */ OPTIONS PS=52; OPTIONS LS=78; OPTIONS NODATE; OPTIONS PAGENO=1; DATA FORTUNE; INPUT COMPANY $ 1-30 PROFITS ASSETS EMPLOYEES REVENUES; CARDS; Nestle (Switzerland) 2377.8 34562.6 212687 41625.7 Hitachi (Japan) 1146.7 105257.5 331673 76430.9 Renault (France) 655.5 42357.4 138279 32188.0 Rhone-Poulenc (France) 547.7 22947.1 81582 15559.5 Volvo (Sweden) 1714.9 18652.9 60115 20204.0 Petrofina (Belgium) 324.9 10868.2 14013 11399.1 Dow (United States) 931.0 26545.0 53700 20015.0 Pohang (South Korea) 474.9 15676.7 22891 9064.1 Indian Oil (India) 326.6 5807.3 34729 8235.7 Sandoz (Switzerland) 1268.7 14935.1 60304 11611.1 Raytheon (United States) 596.9 7395.4 60200 10012.9 Akzo Nobel (Netherlands) 647.5 10364.1 70400 12206.9 ; RUN; PROC PRINT DATA=FORTUNE; TITLE 'Industrial Corporation Data'; RUN; PROC REG; TITLE 'Stepwise Choice of Model To Predict Profits'; MODEL PROFITS = ASSETS EMPLOYEES REVENUES/SELECTION=STEPWISE SLE=.20 SLS=.10; RUN;