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EXCEL PERCENTRANK FUNCTION
Excel PERCENTRANK Function Introduction
The Excel Percentrank function computes the percentage position of a supplied value within a group of values.
Description of Excel PERCENTRANK Function
Syntax :
=PERCENTRANK( array, x, [significance] )
Parameters :
- Array – The array of values that you wish to know the relative location of a given value inside.
- X – The value for which you wish to compute the relative position.
(x must be in the range of the values in the given array, but it does not have to be precisely equal to one of them. If x is not found in the array, the values of the array are interpolated to determine the % rank). - Significance – An optional input indicating the number of significant numbers to which the returned percentile value is adjusted.
(By default, the % number returned is accurate to three significant digits.)
Step By Step Guide of PERCENTRANK Function
Example :
The Excel Percentrank Function is used in cells B1-B4 of the worksheet below to compute the location of various values inside the array of data in cells A1-A9.
Key Points
- #N/A – Occurs if the specified value of x is less than or higher than the lowest or maximum value in the supplied array.
- #NUM! – This error occurs when either the specified [significance] value is 1 or the supplied array is empty.
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