annual-exceedance-probability

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annual exceedance probability (AEP)

Standards
the probability that a given rainfall quantity accumulated over a given duration will be exceeded in any one year, expressed as a percentage, which may be an intensity (mm/h) or a depth of rainfall (mm)
The AEP is based on statistical analysis of rainfall records, and is applied over a 5 min duration in this Standard.
Source - AS/NZS 3500.3:2018: Plumbing and drainage