Formula Generator - QUARTILE.INC function
The QUARTILE.INC function is used to calculate the quartile of a dataset. It returns the value at a specified quartile position in a range of values. The quartile position is determined by the quartile_number parameter, where 1 represents the first quartile, 2 represents the second quartile (median), and so on. The function uses the inclusive method for calculating quartiles, which means it includes the quartile value in the calculation.How to generate an QUARTILE.INC formula using AI.
To obtain the QUARTILE.INC formula for your data, you can ask the AI chatbot the following question: "What is the Excel formula to calculate quartiles using inclusive quartiles (QUARTILE.INC)?"
QUARTILE.INC formula syntax.
The QUARTILE.INC function in Excel is used to calculate the quartile value of a given data set. The syntax for the QUARTILE.INC function is: QUARTILE.INC(array, quart) - array: This is the range of cells or array of values from which you want to calculate the quartile. - quart: This is the quartile number you want to calculate. It can be a number between 0 and 4, inclusive. 0 represents the minimum value, 1 represents the first quartile (25th percentile), 2 represents the second quartile (50th percentile or median), 3 represents the third quartile (75th percentile), and 4 represents the maximum value. Note: The QUARTILE.INC function interpolates between values if the quartile falls between two data points. Example usage: =QUARTILE.INC(A1:A10, 2) This formula calculates the second quartile (median) of the values in cells A1 to A10.
Sales Analysis
Calculate the quartile of sales data to analyze the distribution of sales performance.
QUARTILE.INC(A1:A100, 1)
Grade Distribution
Determine the quartile of student grades to understand the distribution of performance.
QUARTILE.INC(B2:B50, 3)
Stock Market Analysis
Analyze the quartile of stock prices to identify the distribution of price levels.