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Finance

Clone of Clone of BATHTUB MEAN TIME BETWEEN FAILURE (MTBF) RISK

Simulation of MTBF with controls

F(t) = 1 - e ^ -λt Where  • F(t) is the probability of failure  • λ is the failure rate in 1/time unit (1/h, for example) • t is the observed service life (h, for example)
The inverse curve is the trust time
On the right the increase in failures brings its inverse which is loss of trust and move into suspicion and lack of confidence.
This can be seen in strategic social applications with those who put economy before providing the priorities of the basic living infrastructures for all.

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