Introduction
In my previous article, I briefly discussed the survival function and the Kaplan Meier method of estimating this function from a given dataset. We applied this method to a vehicle shock absorber dataset to answer questions like “What is the probability that a vehicle shock absorber will last at least 19,000 km?”. The two different modes of failure of a shock absorber (Mode 1 and Mode 2) were ignored and were treated as the same type of failure. In the following post, we will consider the two modes of failures as two competing risks and answer questions like:
“What is the probability that a vehicle shock absorber will experience a Mode 1 failure by 19,000 km and that this failure occurs before it experiences a Mode 2 failure?” [Read more…]