Question
The cost of flood damage from significant storms varies as a function of the severity of the storm. Estimate the expected flood damage due
The cost of flood damage from significant storms varies as a function of the severity of the storm. Estimate the expected flood damage due to the next significant storm. Flood Flow, Million Acre-Ft 0.5 1.0 1.5 >2.0 Flood Damage, $ Millions 19 41 145 220 Probability 0.4 0.2 0.14 0.26 The expected flood damage due to the next significant storm is $ million.
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