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A simple electrical motor has three components: windings, armature, and housing. These three components have reliabilities of .97, .992, and .999. There is no possibility of redundant parts. The motor must have an overall reliability of 0.980, according to the product line manager who will use the motor as an input. What would you do to redesign the motor to meet this specification?
Discuss, including a recalculation to meet the standard.
Bootstrap Distribution
A distribution obtained by repeatedly sampling, with replacement, from a sample dataset to estimate the shape of the population distribution.
Bias
A systematic error or deviation from the truth in results or inferences, which can occur in the collection, analysis, interpretation, or review of data.
Resamples
The process of drawing repeated samples from a set of data with the aim of estimating a population parameter.
Bootstrap Estimate
A method of statistical inference where sampling distributions of statistics are estimated by sampling with replacement from the original dataset.
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