algorithm used to calculate 5 star ratings

Question

I need to calculate 5-star ratings like the one on Amazon website. I have done enough search to find what is the best algorithm, but I am not able to get a proper answer. For ex

Answer 1

That's a weighted average, where you weigh each rating with the number of votes it got:

(5*252 + 4*124 + 3*40 + 2*29 + 1*33) / (252+124+40+29+33) = 4.11 and change