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What is quality-adjusted life year (QALY), and how are the QALY utility scores measured? Provide a brief definition of QALY, ranges of minimum and maximum

What is quality-adjusted life year (QALY), and how are the QALY utility scores measured? Provide a brief definition of QALY, ranges of minimum and maximum values, and explain at least two methods to measure QALY utilities in the health economic evaluation of a new intervention.

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