05-Statistics

Inferential statistics

Percentiles and Quartiles

A percentile is a value below which a certain percentage of observation or data points lies.

Percentiles show how a given value compares to others. The general rule is that if a value is in the kth percentile, it is greater than K per cent of the total values.

Find percentile of n

P = (n/N) * 100

n = Ordinal rank of values
  = No of values below n
N = Total values in the dataset

P% of the entire distribution falls below the value n

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