PERCENTRANK.EXC function: Description, Usage, Syntax, Examples and Explanation
What is PERCENTRANK.EXC function in Excel?
PERCENTRANK.EXC function is one of Statistical functions in Microsoft Excel that returns the rank of a value in a data set as a percentage (0..1, exclusive) of the data set.
Syntax of PERCENTRANK.EXC function
PERCENTRANK.EXC(array,x,[significance])
The PERCENTRANK.EXC function syntax has the following arguments:
- Array: The array or range of data with numeric values that defines relative standing
- X: The value for which you want to know the rank.
- Significance (Optional): A value that identifies the number of significant digits for the returned percentage value. If omitted, PERCENTRANK.EXC uses three digits (0.xxx).
Explanation of PERCENTRANK.EXC function
- If array is empty, PERCENTRANK.EXC returns the #NUM! error value.
- If significance < 1, PERCENTRANK.EXC returns the #NUM! error value.
- If x does not match one of the values in array, PERCENTRANK.EXC interpolates to return the correct percentage rank.
Example of PERCENTRANK.EXC function
Steps to follow:
1. Open a new Excel worksheet.
2. Copy data in the following table below and paste it in cell A1
Note: For formulas to show results, select them, press F2 key on your keyboard and then press Enter.
You can adjust the column widths to see all the data, if need be.
| Data | ||
| 1 | ||
| 2 | ||
| 3 | ||
| 6 | ||
| 6 | ||
| 6 | ||
| 7 | ||
| 8 | ||
| 9 | ||
| Formula | Description | Result |
| =PERCENTRANK.EXC(A2:A10, 7) | Returns the rank of the value 7 from the array contained in A2:A10. | 0.7 |
| =PERCENTRANK.EXC(A2:A10,5.43) | Returns the rank of the value 5.43 in the same array. | 0.381 |
| =PERCENTRANK.EXC(A2:A10,5.43,1) | Returns the rank of the value 5.43 in the same array, displaying only 1 significant digit in the result (the default is 3). | 0.3 |