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A fact or facts about an object or item.
Related Articles:
- Actuarial analysisStatistical analysis of failure data to determine the age-reliability characteristics of an item.
- HistogramA graphical representation (bar chart) of the frequency of grouped data to provide a visual evaluation of the data distribution.
- Control chart, attributeA Shewhart control chart plotting countable or categorized data.
- Monte Carlo reliability modelingA mathematical technique that generates random variables (time-to-failure distribution when modeling the reliability of a system) for modeling risk or uncertainty of a system. The approach incorporates all available information and relationships including continuous, discrete, and categorical data. It provides a means to aggregate information that may be discrete, continuous, or the output of deterministic and/or stochastic processes.
- Regression analysisA statistical study of the relationship between two or more variables. Regression analysis is a process used to define the mathematical relationship or model between two or more variables. When analyzing time-to-failure data, this is commonly called Weibull analysis in which one may or may not attempt to fit a Weibull distribution to the data.
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