Abstract
A Bayesian approach-based method is proposed for calculating the minimum size of a sample to assess, with a specified precision, the integrity of process components suffering from general corrosion. The proposed method ensures that the error in the posterior estimate of the mean does not exceed a pre-defined acceptable margin of error at a specified confidence level. An analytical formula to estimate the sample size is introduced. The sample size obtained using the proposed method is smaller than a sample size obtained using the classical method with same confidence level. This reduces sampling inspection cost without affecting the precision of the estimate.
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More From: Journal of Loss Prevention in the Process Industries
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