I wonder, if someone could help to understand a formula from a book please.
Bayesian Methods for Hackers: Probabilistic Programming and Bayesian Inference (Addison-Wesley Data & Analytics) (Addison-Wesley Data & Analytics) by Cameron Davidson-Pilon Davidson-Pilon
See also this.
This is the formula:
I am not 100% sure what N and S is. Let us say there are 2 ratings. 1 for star 4 and 1 for star 5. Would N = 2 (2 ratings/votes/users) and S = 4 + 5 = 9?
Thanks!
PS:
I think this is related to this, which I am sorry goes right over my head.