Monday, 20 May 2019

DIFFERENCE BETWEEN PERCENTILE RANK AND PERCENTAGE

DIFFERENCE BETWEEN PERCENTILE RANK AND PERCENTAGE

What is difference between percentage and percentile Dank?

A percentile is a measure used in statistics indicating the value below which a given percentage of observations in a group of observations fall. 

So, a percentile says how many students have scored less than you on a give test, whereas a percentage says how much you have performed if the test was of 100 marks.
 How to Find Percentage?

Percentage-

Percentages are part of our everyday lives, from calculating how much to tip to determining your bank account’s interest.  In simplest terms, a percentage is a number expressed as a fraction of 100.  It is also uniquely signified with the use of a percent sign (%).  A simple example might be a candidate’s score on a pre-employment test. See Examples below images.

How to Find Percentile Rank?

DIFFERENCE BETWEEN PERCENTILE RANK AND PERCENTAGE

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