I need to calculate 5-star ratings like the one on Amazon website. I have done enough search to find what is the best algorithm, but I am not able to get a proper answer. For example, if these are the ratings
5 star - 252
4 star - 124
3 star - 40
2 star - 29
1 star - 33
totally 478 reviews
Amazon has calculated this to be "4.1 out of 5 stars". Can anyone tell me how this figure is arrived at? I am not able to get this just by doing average.
That's a weighted average, where you weigh each rating with the number of votes it got:
(5*252 + 4*124 + 3*40 + 2*29 + 1*33) / (252+124+40+29+33) = 4.11 and change