Question: For the rod in Problem 14.15, study the effect of increasing the number of simulation cycles on the estimated failure probability. Use the following numbers
For the rod in Problem 14.15, study the effect of increasing the number of simulation cycles on the estimated failure probability. Use the following numbers of simulation cycles: 20, 100, 500, 1000, and 2000. Provide your results in the form of plots of estimated failure probability and its COV as a function of the number of simulation cycles.
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