Suppose I conduct a survey of 10 people asking whether to rank a movie as 0 to 4 stars. Allowable answers are 0, 1, 2, 3, and 4.
The mean is 2.0 stars.
How do I calculate the certainty (or uncertainty) about this 2.0 star rating? Ideally, I would like a number between 0 and 1, where 0 represents complete uncertainty and 1 represents complete certainty.
It seems clear that the case where the 10 people choose ( 2, 2, 2, 2, 2, 2, 2, 2, 2, 2 ) would be the most certain, while the case where the 10 people choose ( 0, 0, 0, 0, 0, 4, 4, 4, 4, 4 ) would be the least certain. ( 0, 1, 1, 2, 2, 2, 2, 3, 3, 4 ) would be somewhere in the middle.