The QUANTLIFE Procedure

OUTPUT Statement

OUTPUT <OUT=SAS-data-set> keyword=name <…keyword=name> ;

The OUTPUT statement creates a SAS-data-set to contain statistics that are calculated after fitting models for all quantiles specified by the QUANTILE= option in the MODEL statement. At least one specification of the form keyword=name is required.

All variables in the original data set are included in the new data set, along with the variables that are created. These new variables contain fitted values and estimated quantiles.

You can use the following specifications in the OUTPUT statement:

OUT=SAS-data-set: specifies the new data set. By default, the QUANTLIFE procedure uses the DATAn convention to name the new data set. For more information, see the section OUT= Output Data Set in the OUTPUT Statement.
keyword=name: specifies the statistics to include in the output data set and gives names to the new variables. Specify a keyword for each desired statistic (see the following list of keywords), an equal sign, and the variable to contain the statistic.

You can specify the following keywords, which represent the indicated statistics:

PREDICTED | P: specifies a variable to contain the predicted response.
RESIDUAL | RES: specifies a variable to contain the residuals, $y_ i - x_ i’\hat\beta (\tau )$ .
SAMPLEWEIGHT | SW: specifies variables for sample weights from the bootstrap samples. For the ith sample, a column is added that contains the weights that are used for that sample. The name of this column is formed by appending an index i to the name that you specify. If you do not specify a name, then the default prefix is sw.
STDP: specifies a variable to contain the estimates of the standard errors of the estimated response.