Question
Explain the importance of following:
i. Diversity factor
ii. Load Factor
iii Load Loss factor
Answer :
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i. Diversity factor
Diversity factor (or simultaneity factor {\displaystyle k_{\text{s}}}) is a measure of the probability that a particular piece of equipment will turn on coincidentally to another piece of equipment. For aggregate systems it is defined as the ratio of the sum of the individual non-coincident maximum loads of various subdivisions of the system to the maximum demand of the complete system.
ii. Load Factor
The load factor is defined as
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