Show that a plot of log(log(1 - F(x)) -1 ) against log will be a straight line
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Show that a plot of log(log(1 - F(x))-1) against log will be a straight line with slope β when F(·) is a Weibull distribution function. Show also that approximately 63.2 percent of all observations from such a distribution will be less than α. Assume that v = 0.
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A Weibull distribution is a type of probability distribution that is often used to model the lifetim...View the full answer
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