Answer:
<em>The safety factor against the static failure as per Von Mises criteria is 2.05 whereas The factor of safety guarding the fatigue failure as per modified Goodman Criteria is 1.56.</em>
Explanation:
For the bar
as Von Mises criteria is given as

Here
is the bending stress given as 12.4 kpsi
T is the torsional stress which is given as 15.3 kpsi

So the safety factor against static failure is given as

The safety factor against the static failure as per Von Mises criteria is 2.05.
For fatigue failure,as per Modified Goodman criteria

Here


The factor of safety guarding the fatigue failure as per modified Goodman Criteria is 1.56