Super Data Science: ML & AI Podcast with Jon Krohn cover image

715: Make Better Decisions with Data, with Dr. Allen Downey

Super Data Science: ML & AI Podcast with Jon Krohn

CHAPTER

Understanding the Significance of Survival Analysis in Different Industries

This chapter explores survival analysis and its significance in fields like medicine and reliability engineering, focusing on understanding survival rates and degradation over time. The discussion includes counterintuitive phenomena like the 'used better than new in expectation' concept, using examples from cancer diagnoses and child mortality.

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