Question: Problem 3 . The hydrologic data of a location indicate that a catastrophic flood event happens on average in every 5 0 years. ( a
Problem The hydrologic data of a location indicate that a catastrophic flood event happens on average
in every years.
a What is the probability that such flood will happen for the first time exactly in the year?
b What is the probability that exactly one such flood will happen within the year period?
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