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- array – Array of data values.
- x – Value to rank.
- significance – [optional] Number of significant digits in result. Defaults to 3.
The Excel PERCENTRANK shows the relative standing of a value within a data set as a percentage.
For example, a test score greater than 80% of all test scores is said to be at the 80th percentile. In this case PERCENTRANK will assign a rank of .80 to the score.
In the example shown, the formula in C5 is:
where “data” is the named range C5:C12.
Note: Microsoft classifies PERCENTRANK as a “compatibility function”, now replaced by the PERCENTRANK.INC function.
Inclusive vs. Exclusive
Starting with Excel 2010, the PERCENTRANK function has been replaced by two functions: PERECENTRANK.INC and PERECENTRANK.INC. The INC version represents “inclusive” behavior, and the EXC version represents “exclusive” behavior. Both formulas use the same arguments.
- Use the PERCENTRANK.EXC function to determine the percentage rank exclusive of the first and last values in the array.
- Use the PERCENTRANK.INC or PERCENTRANK to find the percentage rank inclusive of the first and last values in the array.
- If x does not exist in the array, PERCENTRANK interpolates to find the percentage rank.
- When significance is omitted PERCENTRANK returns three significant digits (0.xxx).
Excel SMALL Function
The Excel SMALL function returns numeric values based on their position in a list ranked by value. In other words, it can retrive “nth smallest” values – 1st smallest value, 2nd smallest value, 3rd smallest value, etc.
Excel LARGE Function
The Excel LARGE function returns numeric values based on their position in a list when sorted by value. In other words, it can retrieve “nth largest” values – 1st largest value, 2nd largest value, 3rd largest value, etc.
Excel RANK Function
The Excel RANK function returns the rank of a numeric value when compared to a list of other numeric values. RANK can rank values from largest to smallest (i.e. top sales) as well as smallest to largest (i.e. fastest time).
Excel QUARTILE Function
The Excel QUARTILE function returns the quartile (each of four equal groups) for a given set of data. QUARTILE can return minimum value, first quartile, second quartile, third quartile, and max value.
The Excel PERCENTILE function calculates the “kth percentile” for a set of data. A percentile is a value below which a given percentage of values in a data set fall. You can use PERCENTILE to determine the 90th percentile, the 80th percentile,…