For a Machine to Be a Good Candidate for Preventive

question 64

Multiple Choice

For a machine to be a good candidate for preventive maintenance

• A) the consequences of failure must exceed the cost of preventive maintenance and the MTBF distribution must have a large standard deviation
• B) the consequences of failure must exceed the cost of preventive maintenance and the MTBF must be relatively low
• C) the consequences of failure must exceed the cost of preventive maintenance and the MTBF distribution must have a relatively low standard deviation
• D) the consequences of failure must exceed the cost of preventive maintenance and the MTBF must be relatively high
• E) the consequences of failure must be relatively unknown and, therefore, risky

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Definitions:

Clinic Waiting Time

Clinic waiting time refers to the duration a patient has to wait from their scheduled appointment time until they are seen by a healthcare provider.

Population Variances

Measures of the dispersion of a population's data points, reflecting how data points spread out from the mean.

Confidence

In statistics, confidence refers to the probability that a parameter lies within a specified interval estimate.

Confidence Interval Estimate

The specific range estimated from the sample data within which the true value of a population parameter is expected to fall with a certain level of confidence.