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Business, 18.03.2021 01:10 coombsbob

The following data provides precipitation data on a regional area. Year P
1954 8.25
1955 7.74
1956 6.84
1957 8.45
1958 8.39
1959 4.20
1960 9.24
1961 8.79
1962 8.05
1963 8.03
1964 6.91
1965 7.50
1966 6.20
1967 6.16
1968 7.44
1969 9.55
1970 9.24
1971 5.43

Required:
a. Based on Weibull position plotting what is the 10 yr and 100 yr precipitation?
b. Assuming that the data is normally distributed determine the 10 yr and 100 yr precipitation.
c. What is the exceedance probability that precipitation rate in any one year will exceed 10 inches?

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The following data provides precipitation data on a regional area. Year P
1954 8.25
1...
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