Nonparametric Distribution
Analysis - Arbitrary Censoring

Actuarial Estimation Method - Additional Time from Time T Until 50% of Running Units Fail

  

Use the additional time table to determine how much additional time, from a fixed time, is needed to expire before a certain percentage of the running products will fail. For each "Time T," the "additional time" needed for half of your running products to fail is estimated.

Example Output

Additional Time from Time T until 50% of Running Units Fail

 

        Proportion

        of Running  Additional  Standard   95.0% Normal CI

Time T       Units        Time     Error    Lower    Upper

 20000     1.00000     57260.5   620.465  56044.4  58476.6

 30000     0.99714     47318.0   619.577  46103.7  48532.4

 40000     0.98665     37528.7   616.311  36320.8  38736.7

 50000     0.95424     28180.1   606.103  26992.1  29368.0

Interpretation

For the muffler data, at 50,000 miles, with 0.95424 of the mufflers still running, it is estimated that it will take another 28,180.1 miles for an additional 47.71% ((0.95424 x 0.5) x 100) of the running mufflers to fail.

 

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