You have explained two examples in your lecture on learning curve (part 2). But I asked you this specifically to know whether I understand them completely or not.
For example 1:
The average time taken by each unit.
First unit-----= 80 hours
Second unit = 55 hours
What is the learning rate?
Output units----Avg hour per unit-----Total hours
-------1-----------------80 hrs (r)-------------80 hrs
-------2--------------67.5 hrs (r)^1---------135 hrs
Since first unit takes 80 hours per unit and second unit takes 55 hours but in total time the two units take (80 + 55) = 135 hours.
learning rate (r) = 67.5 / 80 = 84.375%
For example 2:
The average time taken by each unit.
First unit = 100 hours
Fourth unit = 50 hours
What is the learning rate?
Output units-----Avg hour per unit------Total hours
--------1--------------100 hrs (r)-------------100 hrs
--------2--------------------hrs (r)^1----------------hrs
--------4----------------50 hrs (r)^2----------200 hrs
Since first unit takes 80 hours per unit and second unit takes 55 hours but in total time the two units take (80 + 55) = 135 hours.
learning rate (r) = (50 / 100)^1/2 = 70.7%
learning rate (r) = ^2?(50 / 100) = 70.7%
Both of these approaches give the same answer of 70.7%.
Is that all correct what I have written above?
Thanks for your patience
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learning curve examples
Yes, it seems to be correct :-)
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