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Explain Why a Small Standard Deviation of the MTBF Distribution

question 93

Essay

Explain why a small standard deviation of the MTBF distribution makes a product, machine, or process a good candidate for preventive maintenance while a large standard deviation does not.


Definitions:

Age of Majority

The legally defined age at which an individual is considered an adult and is responsible for his or her actions and eligible to vote, among other adult rights.

Contracts

Legally binding agreements between two or more parties, detailing obligations and rights concerning the exchange of goods, services, or property.

Adults

Individuals who have reached the age of majority, legally recognized as capable of entering into binding contracts and being responsible for their actions.

Illegal Contract

A contract that is void because it involves the performance of an unlawful act.

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