Let X denote the lifetime of a component, with f (x) and F(x) the pdf and cdf

Question:

Let X denote the lifetime of a component, with f (x) and F(x) the pdf and cdf of X. The probability that the component fails in the interval (x, x + ∆x) is approximately f (x) ∙ ∆x. The conditional probability that it fails in (x, x + ∆x) given that it has lasted at least x is f (x) ∙ ∆x/[1 - F(x)]. Dividing this by ∆x produces the failure rate function:

Let X denote the lifetime of a component, with f

An increasing failure rate function indicates that older components are increasingly likely to wear out, whereas a decreasing failure rate is evidence of increasing reliability with age. In practice, a "bathtub-shaped" failure is often assumed.
a. If X is exponentially distributed, what is r(x)?
b. If X has a Weibull distribution with parameters α and β, what is r(x)? For what parameter values will r(x) be increasing? For what parameter values will r(x) decrease with x?
c. Since r(x) = - (d/dx)ln[1 2 F(x)], ln[1 - F(x)] = - ∫r(x)dx. Suppose

Let X denote the lifetime of a component, with f

so that if a component lasts β hours, it will last forever (while seemingly unreasonable, this model can be used to study just "initial wearout"). What are the cdf and pdf of X?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: