Return period

A return period, also known as a recurrence interval or repeat interval, is an average time or an estimated average time between events such as earthquakes, floods, landslides, or river discharge flows to occur. The reciprocal value of return period is called the frequency of occurrence.

It is a statistical measurement typically based on historic data over an extended period, and is used usually for risk analysis. Examples include deciding whether a project should be allowed to go forward in a zone of a certain risk or designing structures to withstand events with a certain return period. The following analysis assumes that the probability of the event occurring does not vary over time and is independent of past events.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.