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Bridges, levees and dams in the United States are designed for floods with a 1% annual exceedance probability, usually estimated by fitting a log-Pearson Type III distribution to annual peak flows. I fit it to the systematic peak-flow records of five large rivers, from 96 to 152 years long, using USGS data. I derive the Wilson–Hilferty approximation to the Pearson III frequency factor from the gamma distribution and show that its error at the 1% probability is below 0.8% for skews between −1 and 2 but reaches −1.2% at a skew of 3; in the five fits it changes the 100-year flood by 0.04% to 0.35%. The 90% parametric-bootstrap intervals for the 100-year flood are wide, for example 604,628 to 905,746 cfs around 734,172 cfs for the Susquehanna at Harrisburg. Two other sources of uncertainty are larger. The 100-year flood estimated from the second half of each record differs from the first-half estimate by 10% to 34%, partly because the station skew has a sampling standard deviation of about 0.29 in a half-record. And the treatment of low outliers matters: removing two low peaks on the Wabash raises the 100-year flood from 316,674 to 335,560 cfs and cuts the fitted return period of the 1913 flood from 48,700 to 1,306 years.
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Manoj Kumar Aguru (2026) studied this question.
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