Ranking question with different number of observations?

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This discussion focuses on ranking educational institutions based on student performance and enrollment numbers. The user proposes a weighted formula: students x weight (70%) + scores (30%) to calculate a final score for each school. However, the consensus is that using subjective weights is unavoidable when combining different metrics, as there is no objective method to connect these values. The discussion emphasizes the importance of clearly defining the ranking criteria to ensure consistency and fairness in evaluations.

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I need to rank multiple "subjects" such as listing the "subjects" from best to worst. <--not sure if subject is the correct term.

example: school A and school B

school A has 10 students with an average score of 100%
school B has 30 students with an average score of 98%

which school would be better or ranked higher? Is there a formula i can apply?
a formula that I can use when there are hundreds or thousands of schools?I feel that school B would be better... because there are more students?
I was thinking of using a weighted formula such as: students x weight(70%) + scores(30%) = final score

and then rank the schools from highest final score to lowest score

but the use of weights would be subjective...is there another method that i may use?

thank you
 
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No, you intend to assign a single number to a set of values. Since there is no natural way which connects the different values, there is neither a natural way to combine them. Thus a subjective weight function is your only possibility.
 

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