Re: [CR] New Equipment Failure Rate

(Example: Framebuilders:Bernard Carré)

From: <GPVB1@cs.com>
Date: Fri, 30 Aug 2002 19:33:49 EDT
Subject: Re: [CR] New Equipment Failure Rate
To: classicrendezvous@bikelist.org


Subject: Re: [CR] New Equipment Failure Rate To: classicrendezvous@bikelist.org

GPVB1@cs.com wrote: I seriously doubt that one would see huge differences (the 1% vs. 2% argument), and that the Campy crankarms failed more in part because they made way more of 'em, and on average, they got used for longer periods of time / more pedal revolutions / by more "serious" riders.

I certainly agree with you said here... except going form 1% to 2% failures is a 100% increase in failure rate. But you know that,and this isn't what you really meant, so I'll shut up now.

Tom amused by really small and really large numbers Dalton

Does the phrase "not statistically significant" ring any bells here?

Twice diddly is still diddly....

Remember, figures can lie, and liars can figure!*

FWIW, the Big Three automakers measure their warranty costs in dollars spent per vehicle sold. Some years ago, that number at Generous Motors was approaching $800 per light-duty truck - about four percent of the average dealer price.... It's tough to separate the signal from the noise until you get enough frequency of the same thing happening to form a clear picture.

Cheers,

Greg Parker A2 MI USA

*not to imply that any fibbing is going on anywhere on the planet at this time....