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Return Period Refers to
Return Period Refers to
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Solution
The correct option is C The Inverse of the Probability of Exceedance of an event
The estimated likelihood of an event to occur is called recurrence interval or Return Period. It is the inverse of the probability that the event will be exceeded in one year, or the inverse of the expected number of occurrences in a year.
The estimated likelihood of an event to occur is called recurrence interval or Return Period. It is the inverse of the probability that the event will be exceeded in one year, or the inverse of the expected number of occurrences in a year.
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