Calculate a point estimate of the failure rate


The following times to failure in hours were observed in an experiment where 14 units were tested until eight of them have failed: 80,310,350,470,650,900,1100, and 1530. Assuming that all units have a constant failure rate, calculate a point estimate of the failure rate. Also, calculate a 95% one-sided confidence interval of the failure rate.

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Mechanical Engineering: Calculate a point estimate of the failure rate
Reference No:- TGS0428062

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