A \frac{1}{4} by 1 \frac{1}{2} -in steel bar has a \frac{3}{4} -in drilled hole located in the center, much as is shown in Table A–15–1. The bar is subjected to a completely reversed axial load with a deterministic load of 1200 lbf. The material has a mean ultimate tensile strength of \bar{S}_{u t}=80 kpsi.
(a) Estimate the reliability.
(b) Conduct a computer simulation to confirm your answer to part a.