01 Overview of Reliability Estimation & Methods

Module 4 Estimation of Reliability Metrics

Lesson M04-01

Text: Section 6  pages 1 – 4

Duration: 30 minutes

Overview of Reliability Estimation & Methods

In this lesson, we introduce the key steps for estimating reliability metrics.  We also take a look at options for estimating the parameters of the chosen time-to-failure distribution.  Two main methods (that most software programs provide) are discussed conceptually (Maximum Likelihood Estimation and Rank Regression).  Recommendations for choosing a method are also provided.