Nimbits: A quick view of nimbits
http://nimbits.blogspot.com/2009/11/quick-view-of-nimbits.ht...
tags: hostmon graphmon stats varz
How Not To Sort By Average Rating
CORRECT SOLUTION: Score = Lower bound of Wilson score confidence interval for a Bernoulli parameter Say what: We need to balance the average rating with the uncertainty of a small number of observations. Fortunately, the math for this was worked out in 1927 by Edwin B. Wilson. What we want to ask is: Given the ratings I have, there is a 95% chance that the "real" average rating is at least what? Wilson gives the answer. For simplicity we suppose that there are only positive ratings with value 1 and negative ratings with value 0.
http://www.evanmiller.org/how-not-to-sort-by-average-rating....
tags: stats algorithm stars rating
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