Showing posts with label 100 Year Flood. Show all posts
Showing posts with label 100 Year Flood. Show all posts

Monday, April 25, 2016

'100 year Flood'

Explained to you by Texas Monthly-

Yeah, yeah, I know. A 100-year-flood does not mean that these floods happen once a century. Per the United States Geological Survey:

The term “100-year flood” is used in an attempt to simplify the definition of a flood that statistically has a 1-percent chance of occurring in any given year.

This attempt to simplify does so at the expense of offering any meaning whatsoever. You could have 100-year-floods three years running. You could have two 100-year floods in a single year. Or you might go 300 years or more without a single one. Probability is weird like that. Also of note from a probability standpoint: if you gamble with a 1 percent chance of losing once a year for thirty years, you end up with a 25 percent chance of crapping out at least once. Think about those odds the next time you sign a mortgage for a house in what is reassuringly described to you as located in a 100-year floodplain. 

- See more at: The Problems With “100-Year Floods”