Definition of Recurrence interval

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TeachMeFinance.com - explain Recurrence interval



Recurrence interval

The term 'Recurrence interval' as it applies to the area of reclamation can be defined as ' The average period in years between storm events equal to or larger than a given amount. The reciprocal of the probability of that storm event being equaled or exceeded in any year'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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