The SAS dataset BANKS is listed below: BANKS name rate Capital 0.0718 Direct 0.0721 Virtual 0.0567 The following SAS program is submitted: data newbank; do year =1 to 3; set banks; capital + 5000; end; run; Which one of the following represents how many observations and variables will exist in the SAS dataset NEWBANK?

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  1. 0 observations and 0 variables

  2. 1 observation and 4 variables

  3. 3 observatiosn and 3 variables

  4. 9 observations and 2 variables

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Correct Option: B

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