It seems like the most useful rating system would be to show a topology, then? (which I know Amazon and NewEgg both do, but only when you’ve gone in to the details of a review).
For a simple one-value summary, it seems like this is probably a pretty good formula. You can, as mentioned, adjust the confidence if 95% gives you trouble with your data set.
It seems like “this is what scientific papers go with” is pretty sane as far as defaults go, and as “non-arbitrary” as a default value really could be.
It seems like the most useful rating system would be to show a topology, then? (which I know Amazon and NewEgg both do, but only when you’ve gone in to the details of a review).
For a simple one-value summary, it seems like this is probably a pretty good formula. You can, as mentioned, adjust the confidence if 95% gives you trouble with your data set.
It seems like “this is what scientific papers go with” is pretty sane as far as defaults go, and as “non-arbitrary” as a default value really could be.