What is hazard rate?

Q.  What is meant by hazard rate?
- Published on 16 Sep 15

a. Number of failures per unit time per number of items when exposed for same time
b. Probability of test specimen fails between time t1 and t1 + dt1 which survives for time t1
c. Both a. and b.
d. None of the above

ANSWER: Both a. and b.

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