ReliaSoft's Alternate Ranking Method (RRM) Step-by-Step Example: Difference between revisions
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Latest revision as of 23:49, 27 June 2011
This section illustrates the ReliaSoft ranking method (RRM), which is an iterative improvement on the standard ranking method (SRM). This method is illustrated in this section using an example for the two-parameter Weibull distribution. This method can also be easily generalized for other models.
Consider the following test data, as shown in the following Table B.1.