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New formula unlocks secrets of Weibull distribution for better risk assessment.

The Egyptian Statistical Journal/The Egyptian Statistical Journal
Recurrence Relations for Moments of Progressively Type-II Right Censored Order Statistics from Weibull Distribution

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The article presents formulas for calculating moments of censored data from a Weibull distribution. These formulas help in understanding the behavior of ordered data when some values are hidden. The researchers found specific patterns in the data that can be used to predict future outcomes.