{"version":"1.0","type":"link","title":"Subset simulation - Newikis","description":"Subset simulation is a method used in reliability engineering to compute small (i.e., rare event) failure probabilities encountered in engineering systems. The basic idea is to express a small failure probability as a product of larger conditional probabilities by introducing intermediate failure…","provider_name":"Newikis","provider_url":"https://newikis.com","cache_age":86400}