Percentile

Define Percentile.

A percentile is a statistical measure that indicates the value below which a certain percentage of observations in a dataset or distribution fall.

What is the difference between percentile and percentage?

Percentile indicates the value below which a certain percentage of observations fall in a dataset, while percentage is a measure of a proportion out of 100.

How are percentiles calculated?

Percentiles are calculated by sorting the data in ascending order and then finding the value below which a certain percentage of observations fall. For example, the median is the 50th percentile, meaning 50% of the data falls below it.

How do you interpret percentile rankings?

If you are at the 80^th percentile for height, for example, it means you are taller than 80% of the population and shorter than the remaining 20%.

Percentile Formula is used in determining the performance of a person in comparison with others. It is used mostly in schools during the results of tests to check where a person stands out from others. The percentile formula for a score ‘x’ can be defined as number of scores that fall under ‘x’ divided by the total number of values in the given population.

In this article, we will cover the percentile formula, and some solved examples on it.