Percentile Value Calculator





Formula

The formula to calculate the percentile value is:

\[ \text{PV} = \left( \frac{P}{N} \right) \times 100 \]

Where:

What is a Percentile Value?

A percentile value is a measure used in statistics indicating the value below which a given percentage of observations in a group falls. For example, the 20th percentile is the value below which 20% of the observations may be found. It is often used in a variety of fields to provide a relative standing of an observed value within a dataset.

Example Calculation 1

Let's assume the following values:

Step 1: Divide the position by the total number of data points:

\[ \frac{5}{20} = 0.25 \]

Step 2: Multiply by 100 to convert to a percentage:

\[ \text{PV} = 0.25 \times 100 = 25\% \]

Therefore, the percentile value is 25%.

Example Calculation 2

Let's assume the following values:

Step 1: Divide the position by the total number of data points:

\[ \frac{15}{50} = 0.3 \]

Step 2: Multiply by 100 to convert to a percentage:

\[ \text{PV} = 0.3 \times 100 = 30\% \]

Therefore, the percentile value is 30%.