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Warranty PredictionSummary |
Use Warranty Prediction to fit a chosen distribution to existing warranty data in order to predict future warranty claims.
Data Description |
An automobile manufacturer must predict warranty claims from premature airbag deployments for the next five months. Monthly warranty data for the past year are available for analysis.
Airbag failures due to premature deployment are known to follow a Weibull distribution.
Data: AirBag.MTW (available in the Sample Data folder).
Free online chart generators for statistical analysis:
Useful tools: