Posts Tagged ‘probability’
Simplifying Probabilities for Better Decision Making
Ever feel stuck assigning probabilities? Discover a game-changing trick to transform your approach by simplifying probabilities.
Read MoreHow to Handle Competing Failure Modes
If we’re not careful with or ignore failure modes, we can choose the wrong reliability model or statistical distribution. If our product performance is close to the required limits and/or we need a very accurate model, this could be a big problem. We talk about the importance of failure modes and step-through a tensile-test example…
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