Frequency of exceedance any peak exceeding is . Its complement, is the probability of exceedance, the probability that has been exceeded at least once by time . This probability can be useful to estimate whether an extreme event will occur during a specified time period, such as the lifespan of a structure or the duration of an operation. If is small, for example for the frequency of a rare event occurring in a short time period, then Under this assumption, the frequency of exceedance is equal to the probability of exceedance per unit time, , and the probability of exceedance can be computed
Per-unit system Per-unit system In the power systems analysis field of electrical engineering, a per-unit system is the expression of system quantities as fractions of a defined base unit quantity. Calculations are simplified because quantities expressed as per-unit do not change when they are referred from one side of a transformer to the other. This can be a pronounced advantage in power system analysis where large numbers of transformers may be encountered. Moreover, similar types of apparatus will have the impedances lying within a narrow numerical range when expressed as a per-unit fraction of the equipment rating, even if the unit size