engineer123
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I'm having trouble understanding the storm return period equation on Page 32 of the NCEES reference handbook. It says:
The probability that a T-year return period event will occur at least once in n years is P = 1 - (1/T)^n
However, in my Intro to Environmental Eng textbook, the risk that the event will be equaled or exceeded at least once in n years is:
R = 1 - ( 1 - 1/T)^n
You get different answers obviously if you plug in the variables, but essentially it seems both are asking for the probability that the event will occur at least once in n years. What is the difference between these two equations? Is the one in the NCEES handbook incorrect?
The probability that a T-year return period event will occur at least once in n years is P = 1 - (1/T)^n
However, in my Intro to Environmental Eng textbook, the risk that the event will be equaled or exceeded at least once in n years is:
R = 1 - ( 1 - 1/T)^n
You get different answers obviously if you plug in the variables, but essentially it seems both are asking for the probability that the event will occur at least once in n years. What is the difference between these two equations? Is the one in the NCEES handbook incorrect?
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