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.
Value of k | Percentage | Percentile |
0 | 0 % | Min value |
0.1 | 10 % | 10th percentile |
0.2 | 20 % | 20th percentile |
0.3 | 30 % | 30th percentile |
0.4 | 40 % | 40th percentile |
0.5 | 50 % | 50th percentile |
0.6 | 60 % | 60th percentile |
0.7 | 70 % | 70th percentile |
0.8 | 80% | 80th percentile |
0.9 | 90% | 90th percentile |
1 | 100 % | Max Value |
PERCENTILE function takes the range of values as array and value of k. And returns the interpolate value from the array.
Syntax:
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