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Converting Aggregates of Weekly Data into Monthly Values

Pierre A. Cholette and Norma B. Chhab

Journal of the Royal Statistical Society Series C, 1991, vol. 40, issue 3, 411-422

Abstract: This paper presents a method to convert data referring to a varying number of days or weeks—typically 4 or 5 weeks—into monthly values. The method consists of interpolating daily values from such data and of reaggregating these values into monthly (or weekly) values. The interpolation is a particular application of an appropriate variant of the Denton bench‐marking method: A daily pattern, i.e. a weekly sequence of relative daily weights, is adjusted to comply with the available data.

Date: 1991
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