+A **Tail Event** is an unexpected, rare occurrence found at the extreme ends of a [Probability Distribution](/wiki/probability_distribution). These events, while statistically improbable, can carry significant [Risk](/wiki/risk) and impact, often exceeding typical expectations.
+## See also
+- [Extreme Value](/wiki/extreme_value)
+- [Risk Management](/wiki/risk_management)
+- [Probability](/wiki/probability)
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