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Bounds on Time Given Reliability

Description: Returns the 1-sided bound at the specified confidence level on the time corresponding to the specified reliability.

Field Format: [BOUNDSTIMER(1)(100;0.9)]

Reliability is the reliability value (entered as a decimal) at which the value is calculated.

Conf_Level is the percentage (entered as a decimal value) for the confidence bounds. It is an optional value and, if specified, must be greater than 0 and less than 1.

Remarks:

Example:

Returns:

Note that this value will vary depending on the source data set.