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Risk in Risk, Reliability and Log Pearson Distribution Formulas

Risk is the probability of occurrence of an event at least once over a period of n successive years. And is denoted by R.

Formulas to find Risk in Risk, Reliability and Log Pearson Distribution

fxEquation for Risk​Go
fxEquation for Risk given Return Period​Go
fxRisk given Reliability​Go

Risk, Reliability and Log Pearson Distribution formulas that make use of Risk

fxReliability given Risk​Go

List of variables in Risk, Reliability and Log Pearson Distribution formulas

fx Probability ​Go
fx Successive Years ​Go
fx Return Period ​Go
fx Reliability ​Go

FAQ

What is the Risk?
Risk is the probability of occurrence of an event at least once over a period of n successive years.
Can the Risk be negative?
{YesorNo}, the Risk, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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