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
Parts-per notation quotients are pure-number coefficients with positive values less than 1. When parts-per notations, including the percent symbol (%), are used in regular prose (as opposed to mathematical expressions), they are still pure-number dimensionless quantities. However, they generally take the literal “parts per” meaning of a comparative ratio (e.g., “2 ppb” would generally be interpreted as “two parts in a billion parts”). Parts-per notations may be expressed in terms of any unit of the same measure. For instance, the coefficient of thermal expansion of a certain brass alloy, "α" = 18.7 ppm/°C, may be expressed as 18.7 (µm/m)/°C, or as 18.7