System Failure and Monte Carlo Simulation
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logan jackson
el 30 de Mzo. de 2021
Respondida: Shubham Khatri
el 9 de Abr. de 2021
How do i calculate the probaility of system failure if the probability of failure of 4 independent components are as follows, A=0.01, B=0.04, C=0.06, D=0.03. Also, how would i relate this to monte carlo simulation
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William Rose
el 30 de Mzo. de 2021
See the ealrier comment about not-a-homeowrk-servce. And my 2nd answer did tak that into account.
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Shubham Khatri
el 9 de Abr. de 2021
Hello,
Given that the probabilities of failure are A=0.01, B=0.04, C=0.06, D=0.03. We calculate the probability that none of the components would fail and subract that probability with 1. This gives us the probability where atleast one component fails (including the possibility that more than one componant fails).
To know more about ,how to use the Monte-Carlo Simulation, please refer to this file exchange link to guide you with the code.
Hope it helps
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