Related Topics:
	Word Report Template Confidence Bounds Functions Function Wizard Functions

Bound on Probability of Failure

Description: Returns the 1-sided bound at the specified confidence level on the probability of failure at the specified time.

Field Format: [BOUNDPROB(Source Number)(Time; Confidence Level)]

• Source Number is the associated data source number.

• Time is the time at which the probability of failure is calculated.

Remarks:

• The Time value must be greater than 0.

• The Confidence Level value must be greater than 0 and less than 1.

Example:

• [BOUNDPROB(1)(100;0.9)]

Returns:

• 0.6398

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