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Sep 20, 2016 at 14:02 comment added Snoop Catt I think that a 'Poisson point process' might be a good way to model the consecutive failure times. To read about this process, I recommend chapter 2 in "Daley, Vere-Jones: an introduction to the theory of point processes" (again, requires basic background in probability)
Sep 20, 2016 at 13:33 comment added ytti On average. I don't actually have real data of historic failures, but I think I would know how to model probability of failure in future if I had historic failure rates. Thanks, I will indeed need time and research to digest your answer.
Sep 20, 2016 at 13:23 review First posts
Sep 20, 2016 at 13:27
Sep 20, 2016 at 13:22 history answered Snoop Catt CC BY-SA 3.0