Report#

Part 2&3. Yearly Maxima & Peak Over Threshold#

2.1 Apply Yearly Maxima (YM) and Peak Over Threshold (POT) to the dataset. Plot the selected maxima by both methods on the time series. Identify the differences.

2.2 Fit the appropriate distributions to the sampled maxima from both methods. Report the parameters. Interpret the parameter of the distribution fitted to the yearly maxima. Assess and compare the goodness of fit of the distributions of both methods

Part 4. Return levels#

4.1 Report the return levels associated to a return period of 100 years derived from both methods. Plot the return level plot for both methods. Compare the results and answer the following questions:

  • Which differences do you observe between the results with the two approaches?

  • Why do you think those differences happen?

  • Which design value would you pick? Justify your answer.

  • How can you improve the performed analysis?

Part 5. BONUS (not mandatory!)#

5.1 Analyze whether the selected parameters to perform POT (threshold and declustering time) are appropriate.

By Patricia Mares Nasarre, Delft University of Technology. CC BY 4.0, more info on the Credits page of Workbook