What is the Weibull Analysis and how is it implemented in FavoWeb FRACAS?
Weibull distributions are often used to model the time until a given technical device fails. Manufacturers will often supply the shape and scale parameters for the lifetime distribution of a particular device. The aim of FavoWeb Weibull Analysis is to handle statistical failure data and to define statistical distribution parameters, confidence intervals, etc. You can use completed data, censored, interval and grouped data, to select methods of analysis (maximum likelihood estimation or regression) and amount of estimated parameters (only shape and scale or also location).
