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That article is a review and evaluation of dozens of studies on the value of a statistical life (VSL). Relationship of Value of a Statistical Life to Seatbelt Use Percentage of Individuals in VSL Range Who Always Wear Percentage of Seatbelts Respondent's Value of Sample in VSL (Standard Statistical Life ($ millions) Range Error of Mean) 0 to 5. The number of deaths averted can be expressed in monetary units by estimating the value of a statistical life (VSL), a measure of the productivity of an individual. |
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