Parsing Amazon reviews
Post date: 2022-01-24 21:37:47
Views: 192
How am I supposed to assign credibility and compare products using Amazon reviews?

A product will have 5000 ratings and an average of 4.3 stars. The 1 star reviews will mention the product breaking after a week, getting jammed/stuck, etc. The 5 star reviews will rave about what a pleasure it is to use. I can't tell how long any of the 5 star reviewers have had the product. How reliable is that 4.3 star rating? How does it compare to a 4.7 rating on a product with 300 reviews? What's the difference between a product whose ratings are almost entirely split between 5 and 1, vs one with a spread of 5, 4, 3, 2, and 1 star votes?

How on earth are people choosing between multiple seemingly very similar products?
Number of Comments
Please click Here to read the full story.
 
Other Top and Latest Questions:
There's a new idea of alpha in the market that big money managers are pursuing
TikTok was thriving in the U.S., even before a joint venture saved it from a potential ban
Why a niche category of CRE lending is suddenly seeing record deals
From French drug pricing to 'loser' windmills: A rundown of who Trump criticized at Davos
Trump signed his Gaza 'Board of Peace' into being. Here's who's on it — and who isn't
Intel's likely to still move higher. Here's a 'no-cost' options strategy to play it
Social Security has 'no bankruptcy or collapse in the cards,' economist says — but benefits may change
Trump withdraws 'Board of Peace' invitation to Carney in widening rift with Canada
What obesity drugmakers see next in the market: More pills, easier access and drug combinations
Trump policies to boost low-end consumer into the midterms, says JPMorgan. These stocks will benefit