How to Calculate Reliability using Return Period?
Reliability using Return Period calculator uses Reliability = (1-(1/Return Period))^Successive Years to calculate the Reliability, The Reliability using Return Period is defined as the probability that a project does not fail its purpose during its design life. Reliability is denoted by Re symbol.
How to calculate Reliability using Return Period using this online calculator? To use this online calculator for Reliability using Return Period, enter Return Period (Tr) & Successive Years (n) and hit the calculate button. Here is how the Reliability using Return Period calculation can be explained with given input values -> 0.935298 = (1-(1/150))^10.