Question: Not mandatory, but if you'd like some extra practice and up to 2 extra credit points on this assignment, read on! Please type out your
Not mandatory, but if you'd like some extra practice and up to 2 extra credit points on this assignment, read on! Please type out your work for these questions, noting values that you use for P (or hazard), exposure, and vulnerability. Compare the risk from two (2) situations: 1. You own a house in the path of a lahar from Mount Rainier. Your house is worth $650,000 and there is a 10% probability that it will be hit by a lahar in the next 100 years; Note: If a house gets hit with a lahar it will be a total loss. What is your risk? 2. Your friend owns a $800,000 house that is a bit farther away from Mount Rainier so has only a 5% probability of being hit by a lahar in 100 years. However, this house would also be a total loss in the event of a lahar. What is your friend's risk? 3. Who has the greater risk, and why
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
