Formula Generator - PERCENTILE.INC function
The PERCENTILE.INC function is used to calculate the value at a given percentile in a dataset. It is an inclusive function, meaning that it includes the specified percentile value in the calculation. The function takes two arguments: the range of data and the percentile value. The range of data can be a single column or row, or a multi-column or multi-row range. The percentile value should be between 0 and 1, where 0 represents the minimum value in the dataset and 1 represents the maximum value. The function returns the value at the specified percentile.How to generate an PERCENTILE.INC formula using AI.
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PERCENTILE.INC formula syntax.
The PERCENTILE.INC function in Excel calculates the kth percentile of a given data set, where k is a value between 0 and 1. The syntax for PERCENTILE.INC is: PERCENTILE.INC(array, k) - array: This is the range or array of values for which you want to calculate the percentile. - k: This is the percentile value you want to calculate, expressed as a decimal between 0 and 1. Example usage: =PERCENTILE.INC(A1:A10, 0.5) will return the median value of the range A1 to A10. Note: The PERCENTILE.INC function includes the actual values in the calculation, meaning it returns the value at the specified percentile, rather than interpolating between values.
Calculate the 90th percentile of sales data
This use case calculates the 90th percentile of sales data using the PERCENTILE.INC function. The function takes a range of data and a percentile value as inputs and returns the value at the specified percentile.
PERCENTILE.INC(A1:A100, 0.9)
Identify the top 5% of customers based on their purchase amount
In this use case, the PERCENTILE.INC function is used to identify the purchase amount that corresponds to the top 5% of customers. By comparing each customer's purchase amount to the calculated percentile value, you can determine which customers fall into the top 5% category.
IF(B2>=PERCENTILE.INC(B2:B100, 0.95), "Top 5%", "")
Determine the 75th percentile of test scores for a class
This use case demonstrates how to calculate the 75th percentile of test scores for a class using the PERCENTILE.INC function. By providing the range of test scores and the desired percentile value, you can obtain the score that separates the bottom 75% from the top 25% of scores.