How to Calculate Probability given Return Period?
Probability given Return Period calculator uses Probability = 1/Return Period to calculate the Probability, The Probability given Return Period formula is defined as the probability of occurrence of an event at least once throughout n successive years. Probability is denoted by p symbol.
How to calculate Probability given Return Period using this online calculator? To use this online calculator for Probability given Return Period, enter Return Period (Tr) and hit the calculate button. Here is how the Probability given Return Period calculation can be explained with given input values -> 0.006667 = 1/150.