Am I missing something or is Amazon using background assumptions in their ratings now?
Out of curiosity and cuz I'll maybe get it for the kids, I looked up Madonna's new kid's book on Amazon.
Right now, it has a 3 star "average customer review" rating.
But as far as I can tell, as of this morning the customer ratings are all 4 or 5 stars.
One way of explaining explain the discrepency is to imagine that they are using a middling assumption of 2 or 3 stars which has to be overcome by a large number of customer ratings. Under this scenario there are more customer ratings, Amazon's "average customer review" would asymptotically approach the actual average (and due to rounding to the nearest half star, would apparently equal that average).
The actual computation could be a "formally correct" one based on Bayesian statistics to combine "background knowledge" with incoming real-world data, or a kluge that gets approximately the same effect.
Or is there something I'm missing here? If I'm correct, Amazon is now doing something that as far as I know, my company pioneered on Emergent Music.
10:21:55 AM
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