Enter the position of the data point and the total number of data points into the calculator to determine the percentile value. This calculator can also evaluate any of the variables given the others are known.
Percentile Value Formula
The following formula is used to calculate the percentile value.
PV = (P / N) * 100
Variables:
- PV is the percentile value (%)
- P is the position of the data point in the sorted list
- N is the total number of data points in the list
To calculate the percentile value, divide the position of the data point in the sorted list by the total number of data points. Then multiply the result by 100 to convert it to a percentage.
What is a Percentile Value?
A percentile value is a measure used in statistics indicating the value below which a given percentage of observations in a group falls. For example, the 20th percentile is the value below which 20% of the observations may be found. It is often used in a variety of fields to provide a relative standing of an observed value within a dataset.
How to Calculate Percentile Value?
The following steps outline how to calculate the Percentile Value.
- First, determine the position of the data point in the sorted list (P).
- Next, determine the total number of data points in the list (N).
- Next, use the formula PV = (P / N) * 100 to calculate the Percentile Value.
- Finally, calculate the Percentile Value.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
position of the data point in the sorted list (P) = 5
total number of data points in the list (N) = 20
