Inner function to compute the objective value of the alternating quantile algorithms at each iteration.
Usage
compute_objective_value(Y, quantile.value, scores, intercept, loadings)
Arguments
- Y
\((N \times T)\) matrix of observed time instants.
- quantile.value
The quantile considered.
- scores
The matrix of estimated scores.
- intercept
population intercept
- loadings
The matrix of estimated loadings.
Value
The objective value function.
