If a Manager Sees a Potential Outlier in the Data

question 2

True/False

If a manager sees a potential outlier in the data, he or she should first determine whether the data is correct.

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Definitions:

FR(%)

Failure Rate (Percent), a measure often used in reliability engineering to indicate the likelihood of failure per unit of time.

MTBF

Mean Time Between Failures, a reliability metric that measures the average time between failures of a system or component.

System Reliability

The probability that a system will perform its intended function without failure over a specified period.

System Reliability

The probability that a system will perform its intended function without failure under specified conditions for a designated period of time.