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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 average, or weighted mean, is a method to compute a type of mean of a set of data in which different elements carry a different level of importance or weight. The most popular usage of weighted average is used in descriptive statistics, although the calculation is also used in various other areas of math. An extremely common example of the need for using a weighted average calculator is when grades are being calculated.