Monte Carlo Simulation
Hi Community, I created a table of months (x) per failure frequency (y). After I analyse the distribuition and created an another colunn with randon for the best fit distribuition (smallest AICs). But I need the calculate the final probabilty of union the five events (TOP EVENT) and the simulation (10000 iterations) give me in failure frequency. How did I get the probability failure X months the ...
saitcopuroglu