Hello everyone,
I was working with various datasets trying to find the 10th and 90th percentiles. I am doing my work within Microsoft Excel. When I was working with one of my datasets, I had a #NUM return, so this prompted me to verify something by hand. When I did this, mass confusion occurred as I was getting different results.
I am hoping to get insight as to which method is the best and what is attributing for the differences.
The dataset contains the following values:
41.3
44.1
45.0
54.2
54.6
55.1
58.4
62.1
80.2
112.5
Based on input from someone, I was using the PERCENTILE.EXC function.
So, using the PERCENTILE.EXC function
10th percentile: 41.6
90th percentile: 109.3
However, the PERCENTILE.INC function yields:
10th percentile: 43.8
90th percentile: 83.4
I am fairly confident it’s .EXC I want to be using.
When I do this by hand using the following equation
R = (P/100)(n + 1) where R is the position in the dataset where the percentile (P) is located.
I get
10th percentile: 42.7
90th percentile: 96.4
I am very perplexed here, why is the equation by hand yielding significantly different values (especially 90th percentile).
I want to make sure my work here with these percentiles is as accurate as possible. This is for a project I am doing for my own leisure.
I was working with various datasets trying to find the 10th and 90th percentiles. I am doing my work within Microsoft Excel. When I was working with one of my datasets, I had a #NUM return, so this prompted me to verify something by hand. When I did this, mass confusion occurred as I was getting different results.
I am hoping to get insight as to which method is the best and what is attributing for the differences.
The dataset contains the following values:
41.3
44.1
45.0
54.2
54.6
55.1
58.4
62.1
80.2
112.5
Based on input from someone, I was using the PERCENTILE.EXC function.
So, using the PERCENTILE.EXC function
10th percentile: 41.6
90th percentile: 109.3
However, the PERCENTILE.INC function yields:
10th percentile: 43.8
90th percentile: 83.4
I am fairly confident it’s .EXC I want to be using.
When I do this by hand using the following equation
R = (P/100)(n + 1) where R is the position in the dataset where the percentile (P) is located.
I get
10th percentile: 42.7
90th percentile: 96.4
I am very perplexed here, why is the equation by hand yielding significantly different values (especially 90th percentile).
I want to make sure my work here with these percentiles is as accurate as possible. This is for a project I am doing for my own leisure.