Posted by sebg 10/28/2024
IMHO it's well worth also knowing about parametric results using continuous data, especially if you're involved in tech products, because tech product telemetry can often provide individual timestamps, such as "this specific phone worked at $timestamp and didn't work after".
A good place to start for the continuous approach is with the Weibull distribution: https://en.wikipedia.org/wiki/Weibull_distribution
There's reviews, but unless you manually read every one they're not useful, most bad reviews are things like "the motor isn't very powerful" on something that doesn't need to be powerful, or "it feels cheap and poorly made" because someone prefers metal over plastic.