The Weibull formula is used in hydrology and statistics to estimate the recurrence interval ($T$) of an extreme event, such as a specific rainfall amount.
The formula relates the recurrence interval ($T$) to the number of years of record ($n$) and the rank ($m$) of the event when the data is sorted in descending order.
The Weibull formula is expressed as:
$ T = \frac{n+1}{m} $
This formula provides an estimate of how often, on average, an event of a certain magnitude is likely to occur or be exceeded.