Formula Generator - PERCENTRANK function

The PERCENTRANK function returns the percentage rank (percentile) of a specified value in a dataset. It calculates the relative position of the value within the dataset, indicating how it compares to other values. The function takes three arguments: the data range, the value for which the percentage rank is calculated, and an optional argument for specifying the number of significant digits in the result. The result is a decimal value between 0 and 1, where 0 represents the lowest rank and 1 represents the highest rank.
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How to generate an PERCENTRANK formula using AI.

To get the PERCENTRANK formula for your data, you can ask the AI chatbot the following question: "What is the formula to calculate the percentile rank in Excel?"

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PERCENTRANK formula syntax.

The PERCENTRANK function in Excel calculates the rank of a value within a dataset as a percentage. The syntax for PERCENTRANK is as follows: =PERCENTRANK(array, x, [significance]) - array: This is the range of values that you want to evaluate. - x: This is the value for which you want to calculate the rank. - [significance]: This is an optional argument that specifies the number of significant digits to use in the calculation. If omitted, Excel uses 3 as the default value. The result of the PERCENTRANK function is a decimal number between 0 and 1, representing the rank of the value as a percentage. For example, a result of 0.5 indicates that the value is in the 50th percentile within the dataset. Note that the array argument must be a one-dimensional range or array, and the values in the array should be numeric.

Use Cases & Examples In these use cases, we use the PERCENTRANK function to calculate the relative position of a value within a range, expressed as a percentage.
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FAQ
What is the PERCENTRANK function in Excel?
How do I use the PERCENTRANK function in Excel?
Can the PERCENTRANK function handle non-numeric values in Excel?
What is the difference between PERCENTRANK and PERCENTRANK.INC in Excel?
Are there any limitations or considerations when using the PERCENTRANK function in Excel?