Gumbat

Gumbat, also known as Gumbel distribution, is a statistical model used to analyze the extreme values in a dataset—such as the highest rainfall in a year or the maximum flood level. It helps predict rare events by estimating the probability of extreme occurrences beyond observed data. Widely used in fields like climate science, engineering, and finance, Gumbat provides insights into the likelihood and expected severity of rare but impactful events, aiding in risk assessment and decision-making.