Name
PERCENTILE
Synopsis
Use PERCENTILE to find a value that is at the specified percentile of the values in the list. For example, you may want to find the value that is smaller than 25% of the specified values.
To Calculate
=PERCENTILE(Array, K)
Both arguments are required for this function.
-
Array
Indicates a range of numeric values.
-
K
Indicates a decimal value between 0 and 1 that indicates the percentile that you want to find.
Example
Figure 15-35 illustrates how PERCENTILE is used with a list of numeric values to find a value that is 30% of the other numeric values are smaller than. On the other hand, PERCENTRANK indicates the percent ranking of the specified numeric value.
Figure 15-35. Use PERCENTILE to find that value that is larger than the specified percentage of the list and PERCENTRANK to find the ranking of a specific value
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