Barry1492
Mechanical
- Apr 12, 2005
- 65
I'll try to simplify the terms.
I have a total population of 167 widget machines that run 24/7. Each keep a running error log. I've sampled 25 widget machines for 14 days worth or information and these are the results:
3 machines produced errors during the 14 day period.
There were a total of 8 errors among the 25 machines.
ie 12% with an error, .3 errors per machine
Can I calculate a margin of error given this information? If so, how?
I have a total population of 167 widget machines that run 24/7. Each keep a running error log. I've sampled 25 widget machines for 14 days worth or information and these are the results:
3 machines produced errors during the 14 day period.
There were a total of 8 errors among the 25 machines.
ie 12% with an error, .3 errors per machine
Can I calculate a margin of error given this information? If so, how?