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weighted rating $(WR) = (v / (v+m)) R + (m / (v+m)) C$ where: $R$ = average for the movie (mean) = (Rating) $v$ = number of votes for the movie = (votes) $m$ = minimum votes required to be listed in the Top 50 (currently 1000) $C$ = the mean vote across the whole report (currently 6.8) Now, I was wondering how I would implement it for my situation.
Weighted Averages In Excel. This page describes how to calculate a weighted average. Introduction. In a normal average, each value to be included in the average with equal significance. For example, the uweighed average of 65, 60, 80, and 95 is (65+60+80+95)/4 or 75.or example, if we use as weights percentages, the weights in the example above become 14%, 14%, 29%, and 43%. (These values are calculated by dividing each weight by the sum of the weights.) Since these percentages sum to 100% or 1.0, we can omit the SUM function and simplify the formula to.