I am happy to share my next video on ‘Warranty Data Analysis using Minitab Software’. The video explains the popular Nevada format of warranty data collection and how to convert it in to suitable tabular format so that the same can be analysed using Minitab or other software. In this video, we explain the various types of failure data when Nevada format is used. In some of our previous videos, we have already discussed various types of life data i.e. complete, right censored, left censored and interval censored. When all these types of data are present at the same time, we call such data as multiply censored. Such type of data can be analysed on Minitab using the commands for arbitrarily censored data.
[Read more…]Articles tagged Warranty analysis
The statistical and/or graphical analysis of data related to the expected or actual item failures during the warranty period. Warranty analysis is performed to estimate the warranty expenses for a product using reliability estimations. In addition, the analysis of existing warranty claims data may reveal patterns or trends suitable for product improvements or for forecasting the expected number of future warranty claims.