I'm new to this and I'm trying to analyse the results of a questionnaire right now. It's a questionnaire where users get to decide how a certain feature in a program will work.
There are descriptions of three ways the feature could work and they are supposed to rank them starting by their favorite. That's the result:
+---------------------+--------+--------+--------+--------+
| Ranking | Rang_1 | Rang_2 | Rang_3 | Rang_4 |
+---------------------+--------+--------+--------+--------+
| FeatureDescription1 | 13 | 21 | 12 | 4 |
| FeatureDescription2 | 18 | 17 | 14 | 1 |
| FeatureDescription3 | 14 | 11 | 20 | 5 |
| FeatureDescription4 | 5 | 14 | 5 | 40 |
+---------------------+--------+--------+--------+--------+
One way I found was to assign each rank a value (1,2,3,4), and then just do it like:
(13 * value1 + 21 * value2 + 12 * value3 + 4 * value4) / sum(13+21+12+4)
Any idea what's the best way for that? Right now I just used the Rank 1 values and choose the winner based on that. Is there something wrong with that?
Thanks!