What’s the value of statistical life (VSL)?
@dataisbeautiful
LabPlot ❤️ Data
➡️ https://en.wikipedia.org/wiki/Value_of_life
#DataAnalysis #DataScience #Data #DataViz #Visualization #Plotting #Statistics #Life #Risk #Safety #Security
#USA #USDA #FOSS #OpenSource #FLOSS #VSL
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After reading the wiki I’ve come to the conclusion that any cost benefit analysis based on this ill-defined concept and it’s multitude of misinformed methodologies is complete bollocks.
And yet the vast majority of us will never have this supposed wealth available.