In this article, we will learn about how to use the PERCENTILE function in Excel.
The PERCENTILE is a statistical function. In statistics, when finding a value, below the given kth percentage or percentile. Value of k can be shown in the table below.
PERCENTILE function takes the range of values as array and value of k. And returns the interpolate value from the array.
|=PERCENTILE (array, k)|
k : number between 0 < k < 1 including 0 & 1 itself.
Let’s understand this function using it as an example.
Here we have a set of values as data ( A1 : A23 ) and we need to find some percentile values from the array.
Use the formula:
|= PERCENTILE ( data , D3)|
data - array given using named range.
D3 - value of k given as cell reference.
The function returns the 0th percentile value or minimum value which is 28 .
Now copy the formula to get different percentile values of the range to the remaining cells and formula as shown in the snapshot below.
As you can see the results in the snapshot above.
Here are some of the observations gathered using the PERCENTILE function.
Hope you understood How to use the PERCENTILE function in Excel. Explore more articles on statistical functions like PERCENTILE.INC function & PERCENTILE.EXC function here. Please state your query in the comment box below.
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