▸Weibull distribution with scale 1, shape 2.00: evaluated at x = 1
- With k approximately 2, this is the Rayleigh distribution, often used to model wind speed and certain signal amplitudes.
- The mean is 0.8862 and the standard deviation is 0.4633.
- At x = 1, there is a 63.21% chance the variable is at or below this value, and a 36.79% survival probability.
- The coefficient of variation is 52.3% (std dev / mean), indicating moderate relative variability.
Next stepFor reliability analysis, the survival function S(x) gives the probability of surviving past time x, while the hazard rate h(x) quantifies the instantaneous risk of failure.