easy
Single Answer
0Sakis is considering locating a business in the downtown area of Miami, Florida. He consults the FEMA flood plain map for the region, shown here, and determines that the area he is considering lies within a 100-year flood plain. What is the ARO of a flood in this area?
Answer Options
A
100
B
1
C
0.1
D
0.01
Correct Answer: D
Explanation
The annualized rate of occurrence (ARO) is the frequency at which you should expect a risk to materialize each year. In a 100-year flood plain, risk analysts expect a flood to occur once every 100 years, or 0.01 times per year.