Percentile Formula:
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Percentile is a statistical measure that indicates the value below which a given percentage of observations in a group of observations falls. It shows the relative standing of a value within a dataset.
The calculator uses the percentile formula:
Where:
Explanation: The formula calculates what percentage of values in the dataset are below or equal to the given rank position.
Details: Percentiles are widely used in education (test scores), healthcare (growth charts), business (sales performance), and research to understand data distribution and relative performance.
Tips: Enter the rank position (where 1 is the lowest/highest depending on context) and total number of observations. Both values must be positive integers, and rank cannot exceed total observations.
Q1: What's the difference between percentile and percentage?
A: Percentage is a proportion out of 100, while percentile indicates relative position within a dataset (e.g., 90th percentile means scoring better than 90% of the group).
Q2: How is rank determined in percentile calculation?
A: Rank is the position when data is sorted in ascending or descending order. The context determines whether higher rank is better or worse.
Q3: What are common percentile values used?
A: Common percentiles include 25th (first quartile), 50th (median), 75th (third quartile), and 90th/95th for high achievers.
Q4: Can percentiles be greater than 100?
A: No, percentiles range from 0 to 100, representing the percentage of data points below a given value.
Q5: When should I use percentile vs mean/median?
A: Use percentiles when you need to understand relative standing or distribution; use mean/median for central tendency measures.