A unified statistical model for hydrological variables including the selection of threshold for the peak over threshold method

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Peaks Over Threshold (POT): A methodology for automatic threshold estimation using goodness of fit p‐value (2017, methodology): “Although there have been various proposals to automate threshold selection [e.g., Dupuis, 1998; Thompson et al., 2009; Solari and Losada, 2012, among others], the most common practice is to use graphical methods (see e.g., Coles [2001] for a detailed description of these methods and Solari and…”