Why does censored date make predicting reliability difficult

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1. Describe the failure rate for a typical item as a function of age?

2. Why does censored date make predicting reliability difficult?

3. Develop a new good or service applying the concept of bricolage. In other words, select two existing businesses and describe the experience that would be created by combining those two businesses. Describe how you would implement your new business strategy and what type of market would be your focus.

Reference no: EM132223542

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