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V o l um e 2 5, I sue 3Coon Rapids Municipal Utilities E P TE MB E R 2 0 1 7Quarterly Connection
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V O L UM stands for Value of Life Under Measurement. It is a financial calculation used to determine the economic value of a human life.
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The purpose of V O L UM is to quantify the economic value of a human life for insurance and risk management purposes.
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V O L UM reports typically include demographic data, health statistics, and economic factors that contribute to the calculation of human life value.
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