!!Advanced!Excel! Formulas!:!Functions!!

Lecture 32: Survivor and Hazard Functions (Text Section 10.2) Let Y denote survival time, and let fY (y) be its probability density function.The cdf of Y is then FY (y) = P(Y • y) = Z y 0 fY (t)dt: Hence, FY (y) represents the probability of failure by time y. The survivor function is deflned as SY (y) = P(Y > y) = 1 ¡FY (y): In other words, the survivor function is the probability of ... ................
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