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
Oh Dear! What Can the Matter Be? me a twopenny whistle He'll buy me a threepenny fair He'll buy me a Bunch o' Blue Ribbons To tye up my bonny Brown Hair O saw ye him coming And saw ye him coming O saw ye him coming Hame frae the Newcastle fair </poem> The following are given as the traditional lyrics (being chorus and verse) in Cuddon's and Preston's "A Dictionary of Literary Terms and Literary Theory": <poem> O dear, what can the matter be? Dear, dear, what can the matter be? O dear, what can the matter be? Johnny's so long at the fair. He promised