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How much must the diameter of a in. shaft be reduced so that its diameter will be in.?
Probability
A measure of the likelihood that a specific event will occur, often expressed as a number between 0 and 1.
Expected Loss
An estimate of the amount of money or value that may be lost in an investment or venture, considering the probability of various outcomes.
Flood Plain
A flat area of land near a river or stream that is subject to flooding during periods of high discharge.
Probability
The quantification of the probability that an event will take place.
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