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Percentile Rank Formula Excel Template

The document provides instructions and examples for calculating percentile ranks using a formula in Excel. It gives the formula, then provides 3 examples of its use: finding the 25th percentile rank for a data set of 9 numbers between 111-122; finding the 75th percentile rank for a data set of 10 elephant weights between 1140-1190 kg; and finding the 96th percentile rank for the marks of 25 students between 435-489%.

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Erlyn Grace Redoblado
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108 views5 pages

Percentile Rank Formula Excel Template

The document provides instructions and examples for calculating percentile ranks using a formula in Excel. It gives the formula, then provides 3 examples of its use: finding the 25th percentile rank for a data set of 9 numbers between 111-122; finding the 75th percentile rank for a data set of 10 elephant weights between 1140-1190 kg; and finding the 96th percentile rank for the marks of 25 students between 435-489%.

Uploaded by

Erlyn Grace Redoblado
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Percentile Rank Formula Excel Template

Prepared by Dheeraj Vaidya, CFA, FRM


[email protected]

visit - www.wallstreetmojo.com
Consider a data set of following numbers: 122, 112, 114, 17, 118, 116, 111,
115, 112. You are required to calculate 25th Percentile Rank.

No. of Items(n) Numbers


1 17
2 111
3 112
4 112
5 114
6 115
7 116
8 118
9 122
Percentile(P) 25
Rank(R) 2.5
Percentile Rank 111.50
William a well-known animal doctor is currently working upon the health of elephants and is in the process of
creating medication to treat elephants from a common disease they suffer from. But for that, he first wants to
know the average percentage of elephants that falls below 1185.For that, he has collected a sample of 10
elephants and their weight in kgs are as follows:1155, 1169, 1188, 1150, 1177, 1145, 1140, 1190, 1175,
1156.Use the Percentile Rank formula to find 75th Percentile.

No. of Items(n) Numbers


1 1140
2 1145
3 1150
4 1155
5 1156
6 1169
7 1175
8 1177
9 1188
10 1190
Percentile(P) 75
Rank(R) 8.25
IIM institute wants to declare their result out for each student in relative terms and they have
come out with the idea of instead of providing percentages, they want to provide a relative
ranking. The data is for the 25 students. Using the Percentile Rank formula find out what will
be 96th percentile rank?

Marks Scored
No. of Items(n) Student Name ( in %)
1 Francisco 435.00
2 Matthew 435.00
3 Rachel 442.50
4 John 444.00
5 Bhaskar 445.00
6 Patel 454.00
7 Chirag 456.00
8 Michael 456.00
9 Rupal 456.78
10 Azam 459.00
11 Akshay 461.00
12 Vishal 465.00
13 Amitabh 468.00
14 Matt 469.00
15 Aditi 471.00
16 Aziz 471.00
17 Anuj 472.00
18 Tatiana 472.00
19 Ali 477.00
20 Ashok 477.00
21 Shruti 477.00
22 Vivek 477.00
23 Namrata 481.00
24 Colin 488.00
25 Petra 489.00
Percentile(P) 96
Rank(R) 24.96
Let us now determine the value through the excel template for Practical example I.
No. of Items(n) Numbers
1 1140
2 1145
3 1150
4 1155
5 1156
6 1169
7 1175
8 1177
9 1188
10 1190
Percentile Rank 1179.75

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