Looking for suggestion to use the right JMP tool

Question

Thanks in advance for your help.

I have an event history for Product1 (worth a few years).

I have another product history (Product2) of just one year.

Question:

How do we estimate the probability Product2 resembles Product1 as time goes by?

Is there a method/theory that can be used for such an analysis?

If so, can we do the analysis in JMP?

BrianMei · Answer

Thanks @Mark_Bailey  for responding. Good question. In the plot below, blue is Product1, and red is Product2. The question is: would the signal arise in the future for Product2 as Product1 did?

So it would be part of my question:

How can we create a metric of "resemblance", a metric that can measure the "rise", both in statistic term, associated with some probability. All center around answering the main question.

I do not have enough stats knowledge to know if there are tools exist to answer my question.

(Thanks to Gail for the tip on using "@" :)  )

BrianMei · Answer

Thanks for responding. Good question. In the plot below, blue is Product1, and red is Product2. The question is: would the signal arise in the future for Product2 as Product1 did?

So it would be part of my question:

How can we create a metric of "resemblance", a metric that can measure the "rise", both in statistic term, associated with some probability. All center around answering the main question.

I do not have enough stats knowledge to know if there are tools exist to answer my question.

Mark_Bailey · Answer

What does 'resemble' mean to you? What characteristic or quality? Does it change over time? Are there specifications or expectations associated with the product?