Question: 2. In some applications, a third parameter, called a guarantee time, is included in parametric failure time models. This parameter is the smallest time

2. In some applications, a third parameter, called a guarantee time, is

2. In some applications, a third parameter, called a guarantee time, is included in parametric failure time models. This parameter is the smallest time at which a failure could occur. The survival function of the three-parameter Weibull distribu- tion is given by S(t) = { 1 if t

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