Normal distribution is most common in real life scenarios be it modeling any reliability performance parameter at a specific time. Central Limit Theorem (CLT) shows why normal distribution occurs so often.
[Read more…]Understanding Data Distribution in Reliability Analysis
Having a knowledge of how the data is distributed is critical to model failure times and life in reliability analysis. Every distribution is unique and suitable for different types of reliability data.
[Read more…]Data Storytelling Using Histogram
In the current century, data is ubiquitous but how to make use of it to drive product decisions can take time and effort. Data visualization is a useful technique to identify patterns in a dataset and derive exploratory statistics to analyze trends.
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