A cofferdam has been built to protect homes in a floodplain until a major channel project can

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A cofferdam has been built to protect homes in a floodplain until a major channel project can be completed. The cofferdam was built for the 40-year flood event. The channel project will require 5 years to complete. What are the probabilities that

a. The cofferdam will not be overtopped during the 5 years (the reliability)?

b. The cofferdam will be overtopped in any 1 year?

c. The cofferdam will be overtopped exactly one in 5 years?

d. The cofferdam will be overtopped at least once in 5 years (the risk)?

e. The cofferdam will be overtopped only in the third year?

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