hazard plotting is based on the hazard, Advanced Statistics

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hazard plotting is based on the hazard

Hazard plotting is based on the hazard function of a distribution, this procedure gives estimates of distribution parameters, the proportion of units failing by the given time period, percentiles of the distribution, the behaviour of failure rate of the units as a function of time, and conditional failure probabilities for units at any period of time.

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Advanced Statistics: hazard plotting is based on the hazard

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