CONSERVATIVE TOLERANCE AND CONFIDENCE LIMITS
CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER
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This paper extends the validity of exponential tolerance and confidence limits, under certain restrictions, to the class of distributions with monotone failure rate. In particular, the usual exponential lower tolerance limit is shown to be conservative for the increasing failure rate class of distributions in the range of population coverages and confidence coefficients of practical interest. Conservative confidence limits are also obtained on tail probabilities and moments.
- Statistics and Probability