How to calculate percentile in excel
If you are a student, professional, or researcher working with data, calculating percentiles is often an essential skill. In the world of statistics, percentile refers to the position of a value within a given dataset. For instance, if a test score is at the 90th percentile, it means that the score is higher than 90% of the scores in the dataset. Excel offers powerful tools for statistical analysis, including percentile calculation. In this article, we walk you through a step-by-step process for calculating percentiles in Excel.
Step 1: Prepare Your Data
Before calculating percentiles, ensure your data is well-organized and free of errors. Enter all your numerical data into a single column in Excel to prepare for calculations. If your data contains other details such as names or other information related to the numbers (e.g., test takers’ names), include these in another column beside the corresponding values.
Step 2: Choose Between Percentile Functions
Excel provides two primary functions for calculating percentiles – PERCENTILE.INC and PERCENTILE.EXC.
1. PERCENTILE.INC (inclusive): This function considers both the lowest and highest values when determining a specific percentile and is suitable when you want to include both ends of your dataset in the calculation.
Example: =PERCENTILE.INC(array, k)
2. PERCENTILE.EXC (exclusive): This function excludes both the lowest and highest values when determining a specific percentile and is appropriate when you want to exclude extreme values from your dataset.
Example: =PERCENTILE.EXC(array, k)
Step 3: Calculate Percentile Using Selected Function
After choosing between PERCENTILE.INC and PERCENTILE.EXC, follow this procedure:
1. In an empty cell where you want to display the percentile result, type “=” followed by the selected function (either PERCENTILE.INC or PERCENTILE.EXC).
2. Enter the cell range of your data as the array and input the percentile value you want to compute as k.
3. Press “Enter” to complete the function and view the calculated percentile.
As an example, if your data is in cells A1 through A10, and you want to calculate the 90th percentile using PERCENTILE.INC, type “=PERCENTILE.INC(A1:A10,0.9)” into an empty cell and press “Enter.”
Step 4: Format Results
Sometimes, Excel might display the result in a format not easily readable. To format your calculated percentile value:
1. Right-click on the cell containing the percentile result.
2. Choose “Format Cells” from the context menu.
3. Select “Number” from the Category list in the Format Cells dialog box.
4. Set decimal places to your desired length and click “OK.”
Conclusion
Calculating percentiles using Excel allows you to analyze various datasets effectively and make informed decisions based on your findings. Familiarize yourself with Excel’s built-in functions to utilize its full potential for statistical analysis. Excel offers numerous tools for examining, summarizing, and interpreting your data – making it an invaluable resource in today’s data-driven world.