1. The Living Standard Measures. LSM is a way of segmenting people based on their access to, and use of a wide range of products and services
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LSM is a way of segmenting people based on their access to, and use of a wide range of products and services
A composite index is derived from a range of variables (products& services) that sum up the consumption and affordability status (and hence the living standard) of an individual.
LSMs are a measure of affluence & development
How big is affluence in Kenya?
The survey established that the LSMs are distributed as follows:
The living standard measures: by Province
Base : Total Sample per Province
The living standard measures: by Rural/Urban
Base : Total Sample per LSM