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The extent to which one Variable depends on another Variable. Dependence affects the Likelihood of two or more thresholds being exceeded simultaneously. When it is not known whether dependence exists between two Variables or Parameters, guidance on the importance of any assumption can be provided by assessing the fully dependent and independent cases (see also Correlation).
Acknowledgements: This Glossary is modified from Gouldby and Samuels, 2005, Language of risk – project definitions. FLOODsite Report T34/04/01