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A fact or facts about an object or item.
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- Actuarial analysisStatistical analysis of failure data to determine the age-reliability characteristics of an item.
- Independent and Identically DistributedA homogeneous group of data which are independent and randomly distributed in one common 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.
- InformationMeaningful data.
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