Need the correct percentile formula

Cherrie

New Member
Joined
Sep 16, 2011
Messages
3
I am trying to compute the 10th precentile for MGMA benchmark data. I don't have the dataset; however, I have the following information.

n value=104
# of departments=14
Mean= 8448
A1: Standard Deviation =3,438
B1: 25th Percentile=6,170
C1: 50th Percentile=7,772
D1: 75th Percentile=10,651
E1: 90th Percentile=13,193

According to MGMA, the 10th percentile is 4,589. However, when I use the =Percentile.INC(A1:E1,.10) excel 2010 formula, it calcualtes it to be 4,531. In the ballpark.... but not the exact answer. Is there a more precise formula? Please help. I've tried everything. :(

Thanks
 

Excel Facts

Pivot Table Drill Down
Double-click any number in a pivot table to create a new report showing all detail rows that make up that number
My Percentile worked out using a formula is in I3, and using the inbuilt Percentile.Inc formula returns a similar, but not exact result. I suspect there's extra decimals along the way that are having a slight effect on the result

Excel Workbook
EFGHI
2ScoresMy ScoreCount of ScoresScoresPercentile
344727502760.22
411252770.08
51272
62081
72509
82562
92851
102952
113315
123355
133736
144248
154263
164632
174659
184979
195031
205256
215487
225736
236277
246505
256512
266867
277081
287418
297490
Sheet1


Usingthe inbuilt formulas answer in the same formula places the answer in the same percentile 0.22
 
Upvote 0
Thanks, the formula does gets me within the percentile, but I suspect there is a formula that will be more precise with the answer I've provided. I just don't know what is missing. Again, I don't have the data used to get to the info already given. This is all I have to work with. Thanks again.
 
Upvote 0
Wthout all the dataset too much is gueeswork. Your Mean or SD don't really say anything about the data. The percentile you are showing is almost certainly covering more than one number that will fall within the 10th percentile range.

Loosely, pick a number from your range, workout how many numbers from within your dataset are below that number and divide THAT number by the total number in the dataset to get the percentile for that number.

Without all the other numbers you can't be precise, the percentage change shown by the SD doesn't help nor does the Mean
 
Upvote 0

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