Not as far as I know. (lllaass might chip in here if he knows!) However, you should find in your iTunes Library, a Smart Playlist named My Top Rated which will automatically add songs to it if they are rated as 4 or 5 star. (That Playlist has been deleted by iTunes in some cases. If yours is missing, but you wish to re-create it, ask here for instructions.)
If you are attempting to create a method that plays your favourite songs more often (and I do recall something about this in the distant past...), but along with other songs, how about simply adding your favourites to a Playlist, twice, or more often than the other songs, and then using the Playlist as your option for listening?