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math behind excel percentile function. If n 1 return the unique array element regardless of the value of p. In the example shown the formula in G5 is.
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If n 1 return the unique array element regardless of the value of p. The kth percentile is a value below which k percent of values in the data set fall. The IRR help page describes some of the constraints of the algorithm.
Excel returns the value 127.
Convert the PERCENTILE into a SMALL function such as instead of PERCENTILEA1A1095 then SMALLA1A109SMALLA1A10102. The Excel PERCENTILE function calculates the kth percentile for a set of data. As a worksheet function the PERCENTILE function can be entered as part of a formula in a cell of a worksheet. If n 1 return the unique array element regardless of the value of p.
