How to weigh percentage versus quantity?
So I have a leader board I'm trying to develop and I've run into a bit of a problem... It's a roulette game and I want to show who was the best stats. Lets look at the following examples for scores: 21 wins, 15 losses 40 wins, 1 loss 40 wins, 10 losses 10 wins, 0 losses 1 win, 0 losses In my mind the leader board should be like so: #1 40 wins, 1 loss #2 10 wins, 0 losses #3 1 win, 0 losses #4 40 wins, 10 losses #5 21 wins, 15 losses Originally I was going with just percentage but that means 1 win 0 losses beats 40 wins and 1 loss which doesn't make sense to me. I'm trying to find a way to weight quantity vs percentage. I was originally thinking: %*total = score but that didn't give me a reasonable result, then I tried: (%)^2*total = score but again failure... I know there must be a formula for this somewhere!!! Help plz.
Interesting question. I'd suggest that you create an index which defined as: Index = (Total wins) - Weight * (total losses). With the example you gave, if you set Weight to 4 then the result would be #1 (Index = 36) 40 wins, 1 loss #2 (Index = 10) 10 wins, 0 losses #3 (Index = 1) 1 win, 0 losses #4 (Index = 0) 40 wins, 10 losses #5 (Index = -39) 21 wins, 15 losses so it would give you the order that you want. But you can play around with the weight to get the type of ordering that you desire.
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