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 make manual analysis of power systems easier. Although power-system analysis is now done by computer, results are often expressed as per-unit values on a convenient system-wide base. Generally base values of power and voltage are chosen. The base power may be the rating of a single piece of apparatus such as a motor or generator. If a system is being studied, the base power is usually chosen as a convenient round number such as 10 MVA or 100 MVA. The base voltage is chosen as the nominal rated voltage of the system. All other base quantities are derived from these