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Excel - PERCENTILE.EXC Function
PERCENTILE.EXC Function
The PERCENTILE.EXC function is an effective way to compute the k-th percentile of values in a range, where k must lie in the range from 0 to 1. However, 0 and 1 are exclusive. This function was first introduced in the Excel 2010 version and was not included in the Excel prior version. PERCENTILE.EXC function is utilized in broader areas like Finance management, Risk management, Customer evaluation, Statistical analysis, etc.
Compatibility
This advanced Excel function is compatible with the following versions of MS Excel
- Excel for Microsoft 365
- Excel for Microsoft 365 for Mac
- Excel for the web
- Excel 2024
- Excel 2024 for Mac
- Excel 2021
- Excel 2021 for Mac
- Excel 2019
- Excel 2016
- Excel Web App
- Excel 2013
- Excel 2010
Syntax
The syntax of PERCENTILE.EXC function is as follows −
=PERCENTILE.EXC(array,k)
Arguments
You can use the following arguments with the PERCENTILE.EXC function −
| Argument | Description | Required/ Optional |
|---|---|---|
| Array | The array or range of data that defines relative standing. | Required |
| K | The percentile value is in the range 0...1, exclusive. | Required |
Points to Remember
- If k is not a factor of 1/(n - 1), then the PERCENTILE.EXC function interpolates to identify the value at the k-th percentile.
- If the array is empty, then the PERCENTILE.EXC function returns the #NUM! error.
- If the non-numeric value is specified in the k argument, then the PERCENTILE.EXC function returns the #VALUE! Error.
- If the array directly points to the text values, then the PERCENTILE.EXC function returns the #NUM! error.
- The k argument must reside in the range from 0 to 1. Otherwise, the PERCENTILE.EXC function returns the #NUM! Error.
Examples of PERCENTILE.EXC Function
Practice the following examples to learn the use of the PERCENTILE.EXC function in Excel.
Example 1: How to Execute the PERCENTILE.EXC Function?
In this example, the basic implementation of the PERCENTILE.EXC is illustrated to obtain the kth percentile of the given dataset.
Solution
Step 1 − Consider the sample dataset where the data values are defined in the cell range B2:C5 and the k value is specified in the cell range D2:D5.
Step 2 − After that, double-click on the E2 cell and write the formula =PERCENTILE.EXC(B2:C5, D2) and press the Enter tab.
Therefore, the PERCENTILE.EXC function returns four, which means it interpolates for the 0.3 percentile resides between two field values in the cell range.
Step 3 − Afterward, place the cursor on the E3 cell and write the formula =PERCENTILE.EXC(B2:C5, D3) and hit the Enter tab.
Therefore, the resulting value is 3.6, as it also interpolates for the 0.2 percentile.
Step 4 − Moreover, select cell E4 and type the formula =PERCENTILE.EXC(B2:C5, D4), pressing the Enter tab.
Therefore, the PERCENTILE.EXC retrieves the #NUM! Error as it would not interpolate for the 1 percentile.
Step 5 − Furthermore, select cell E5 and write the formula =PERCENTILE.EXC(B2:C5,D5), pressing the Enter tab.
Hence, the resulting value is #NUM! as the value of k does not lies between 0 and 1.
Example 2
If the non-numeric value is specified in the k argument, then the PERCENTILE.EXC function returns the #VALUE! Error.
Solution
You can write the formula =PERCENTILE.EXC({1.2,0.4,0.6},"style") in the B3 cell and press the Enter tab. In this expression, the text value "style" is defined in the k argument.
Therefore, the PERCENTILE.EXC function returns the #VALUE! error.
Download Practice Sheet
You can download and use the sample data sheet to practice the PERCENTILE.EXC function.
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