Mathematically speaking, scoring 3.5 out of 5 is the same as receiving three and a half stars on a five-star scale. But ...
What is the star rating? The Morningstar Rating for funds, often called the star rating, is a purely quantitative, backward-looking measure of a fund’s past performance, measured from one to ...
Star ratings are simple, but they have an immense effect. They increase social proof, boost word-of-mouth marketing, and improve the results of paid ads. And, most important, they influence purchases.
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