1.5 volts is far from dead. "DEAD" is below 1 volt.
There is a chart
here with discharge curves for most of the common chemistry's (scroll down to section 8 ). From that you can see that, for many of the most commonly used batteries, "low" is when they get down to about 1.2-1.1 volts.
I usually measure the voltage of the batteries (alkaline) when my wireless mouse stops working, they're nearly always down to about 1 volt or less.
Edit to add a space between 8 and ) so it would not become a smiley.