I have a table with 15 items with attributes. The items are ranked, the rank is kind of the label. Now I build several algorithms, that get the 15 items in an un-ordered and tries to rank them. So far so good, but how can I evaluate/compare different rankings? Which one is better?
Original Model 1 Results: Model 2 Results: Item | Rank Item | Rank Item | Rank A | 1 A | 2 A | 1 B | 2 B | 1 B | 3 C | 3 C | 3 C | 4 D | 4 D | 5 D | 2 E | 5 E | 4 E | 5 Which Model's ranking is closer to the original?
I already found Mean_reciprocal_rank, but it only seems to consider the best (rank 1) result.
What other options do I have to compare the rankings in order to evaluate and find my best ranking method?
PS: I'm pretty new to analytics, sorry if I'm not using correct terms or my questions seems to be stupid.