In a life table, the column Lx represents: MCQ with Answer and Explanation

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In a life table, the column Lx represents:

A. Number of person-years lived between age x and x+n

B. Number of deaths at age x

C. Number of survivors at age x

D. Probability of dying

Answer: Option A

Solution (By JKSSB Mock Tests)

Lx is the number of person-years lived in the age interval.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

Which index satisfies both time reversal and factor reversal tests?

A. Simple aggregative

B. Fisher

C. Laspeyres

D. Paasche

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Correct Answer: Option B

Explanation:
Only Fisher's ideal index satisfies both tests.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Which of the following is NOT a source of primary data?

A. A questionnaire filled by the respondent online

B. An experiment conducted in a lab

C. Interviews conducted by the researcher

D. Census of India 2011 data used by a demographer

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Correct Answer: Option D

Explanation:
Census data is already published; it is secondary data for a demographer.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Which index number formula satisfies the circular test?

A. Paasche index

B. Laspeyres index

C. Simple geometric mean of price relatives with fixed base

D. Fisher index

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Correct Answer: Option C

Explanation:
Fixed base simple geometric mean of relatives satisfies circular test; L, P, F do not.

This question belongs to: Accountancy and Statistics Statistics

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