Probability Distribution: Overview

Overview of Probability Distribution Analysis

Reliability Analytics

The Reliability Analytics module provides a collection of tools that apply reliability engineering principles to help you make tactical (short-term) and strategic (long-term) decisions for maintenance and operational equipment management activities. It also provides:
  • A means for analyzing historical failure data to identify trends and predict future failures.
  • A mechanism for simulating what if scenarios regarding the reliability of a system to determine if a new or modified strategy will be effective.
The Reliability Analytics module provides the following types of tools:
  • Production Analysis
  • System Reliability Analysis
  • Spares Analysis
  • Reliability Distribution Analysis
  • Probability Distribution Analysis
  • Reliability Growth Analysis
  • Automation Rules
Each tool provides a unique set of features that allow you to analyze data to develop strategies to improve reliability.

Probability Distribution Analysis

Probability Distribution Analysis is a tool that allows you to create a statistical distribution with a specific pattern to describe the Time to Failure. An independent variable based on a query, dataset, or manually entered data is used to generate an analysis, which will help you make tactical (short-term) and strategic (long-term) decisions for maintenance and operational equipment management activities and analyze data to identify trends and predict future failures.

Probability Distribution Analysis Workflow

This workflow provides the basic, high-level steps for developing Probability Distribution Analysis. The steps and links in this workflow do not necessarily reference every possible procedure.

  1. Collect failure data.
  2. Create a new Probability Distribution Analysis from an existing query or dataset, or from manually entered data. The Probability Distribution Analysis should be based on the failure data collected in the previous step.
  3. Evaluate the results of performing the Probability Distribution Analysis.