Life Data Analysis of Right Censored data using Minitab Software (revised video)

Dear friends,
I am happy to share my next video on ‘Life Data Analysis of Right Censored Data using Minitab Software’ as many viewers had requested! In this video, we revisit the types of failure data and explain procedure to analyse right censored data in Minitab software with an example. The procedure is predominantly in three steps:
1. Identify the distribution that best fits our data
2. Estimate parameters of the selected distribution
3. Estimate reliability or probability of failure at specified time(s)
The procedure is explained in detail using an application example of camshaft failure data. In the video, I have also explained how to estimate expected number of failures by 100000 Kilometres and also the 95% upper bound which is the worst-case scenario.
I am sure, you will find this video interesting and useful for practical application of Life Data Analysis!
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