Weibull++ Standard Folio Data 2P-Exponential: Difference between revisions

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The objective of life data analysis is to fit a statistical distribution to failure time data in order to understand the reliability performance of a product over time or to make projections about future behavior. From the analysis, you can estimate several life characteristics, such as probability of failure, reliability, mean life or failure rate.
The two-parameter exponential distribution includes the location parameter gamma. Gamma, also referred to as failure-free, has the same units as the time variable and changes the starting point of the distribution to a point other than zero. A positive value of gamma could represent a storage period while a negative value damage due to shipping or quiescent failure modes.
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Revision as of 23:05, 13 April 2012

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Standard Folio Two-Parameter Exponential Distribution

The two-parameter exponential distribution includes the location parameter gamma. Gamma, also referred to as failure-free, has the same units as the time variable and changes the starting point of the distribution to a point other than zero. A positive value of gamma could represent a storage period while a negative value damage due to shipping or quiescent failure modes.

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