What is the relationship between failure rate and time?
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Failure rate is the frequency with which an engineered system or component fails, expressed for example in failures per hour. It is often denoted by the Greek letter λ (lambda) and is important in reliability theory. ... Mean Time Between Failures (MTBF) is closely related toFailure rate.
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In practice, the closely related Mean Time Between Failures (MTBF) is more commonly expressed and used for high quality components or systems. Failure rate is usually time dependent, and an intuitive corollary is that the rate changes over time versus the expected life cycle of a system.
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