Benchmarking by means of the Cholette method.
Usage
cholette(
s,
t,
rho = 1,
lambda = 1,
bias = "None",
conversion = "Sum",
obsposition = 1
)
Arguments
- s
Disaggregated series. Mandatory
- t
Aggregation constraint. Mandatory
- obsposition
Postion of the observation in the aggregated period (only used with "UserDefined" conversion)
Details
$$\sum_{i,t}\left(\left(\frac{{x_{i,t}-z}_{i,t}}{\left|z_{i,t}\right|^\lambda}\right)-\rho\left(\frac{{x_{i,t-1}-z}_{i,t-1}}{\left|z_{i,t-1}\right|^\lambda}\right)\right)^2$$
