The accompanying data set contains two variables, Date1 and Date2. a. Create a new variable called DifferenceInYear

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The accompanying data set contains two variables, Date1 and Date2. 

a. Create a new variable called “DifferenceInYear” that contains the difference between Date1 and Date2 in year for each observation. What is the average difference in year? 

b. Create a new variable called “Month” that contains the month values extracted from Date1. What is the average month value? 

c. Bin the month values in four equal-interval groups. Label the groups using numbers 1 (lowest values) to four (highest values). Which group has the highest number of observations?

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Business Analytics Communicating With Numbers

ISBN: 9781260785005

1st Edition

Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen

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