Hazard Rate (Failure Rate) Calculator
Calculation Results
Hazard Rate: 0 per unit of time
Interpretation:
Understanding the Hazard Rate
The hazard rate, often denoted by the Greek letter lambda (λ) or h(t), is a fundamental concept in survival analysis and reliability engineering. It measures the instantaneous rate at which events (such as equipment failure, biological death, or project termination) occur at a specific time, given that the individual or component has survived until that time.
The Hazard Rate Formula
In its simplest empirical form, the average hazard rate over a specific time interval is calculated as:
Where:
- d: The number of events or failures observed during the period.
- N: The number of subjects at risk (total population).
- t: The length of the time interval.
Hazard Rate vs. Probability
Unlike probability, which is bounded between 0 and 1, the hazard rate can be any value from zero to infinity. It is a rate, not a percentage of the total starting population. It tells you the intensity of risk at a specific point in time for the survivors.
Practical Examples
1. Manufacturing Reliability
If a factory tests 1,000 lightbulbs over 100 hours and 10 bulbs fail during that time, the hazard rate is:
10 failures / (1,000 bulbs * 100 hours) = 0.0001 failures per bulb-hour.
2. Medical Research
In a clinical trial with 200 patients observed over 12 months, if 4 patients experience a recurrence of symptoms, the hazard rate is:
4 events / (200 patients * 12 months) = 0.00167 events per person-month.
Why is the Hazard Rate Important?
Analyzing hazard rates allows researchers to identify patterns of failure. For example, the "Bathtub Curve" in engineering shows high hazard rates early in a product's life (infant mortality), low and constant rates during useful life, and increasing rates as the product wears out.