Question
Question 12 Mount Shasta (in California) has had five eruptions in recent time: ~150 years ago, 200 years ago, 500 years ago, 800 years ago,
Question 12
Mount Shasta (in California) has had five eruptions in recent time: ~150 years ago, 200 years ago, 500 years ago, 800 years ago, and 1000 years ago.
What is the recurrence interval for eruptions from this volcano? Show your work and include the correct unit in your final answer. [Hint: What period of time do you know about from the above information.]
Question 13
What is the probability of this Mount Shasta erupting in any single year? Give your answer as a percentage. (Show your work and express the probability in percentage form).
Question 14
What is the probability of Mount Shasta erupting in the next 50 years? Give your answer as a percentage. (Show your work and express the answer as a percentage.)
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
