Corrosion poses a hurdle for numerous industrial processes, and though corrosion can be measured directly, statistical approaches are often required to either correct for measurement error or extrapolate estimates of corrosion severity where measurements are unavailable. This article considers corrosion in heat exchangers tubes, where corrosion is typically reported in terms of maximum pit depth per inspected tube, and only a small proportion of tubes are inspected, suggesting extreme value theory (EVT) as suitable methodology. However, in data analysis of heat exchanger data, shallow tube-maxima pits often cannot be considered as extreme; although previous EVT approaches assume all the data are extreme. We overcome this by introducing a threshold - suggesting a block maxima over threshold approach, which leads to more robust inference around model parameters and predicted maximum pit depth.
Spearing et al. (Tue,) studied this question.