08 August 2018 4 4K Report

Is there any other competitive formulas for average ratings like Bayesian Average formulas?

True Bayesian estimate:  weighted rating (WR) = (v ÷ (v+m)) × R + (m ÷ (v+m)) × C where:

  • R = average for the mean = Rating
  • v = number of votes = votes
  • m = minimum votes required
  • C = the mean vote across the whole report

I want to change this formula to other average ratings formula if average ratings 3.2 and one person vote 2 ratings that 2 ratings drastically decrease in 3.2 average ratings.

Thank You.

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