Percentage and percentile are two concepts that are often confused. Percentage is a fraction of 100, whereas percentile is the value below which a certain percentage of data points fall. This article will discuss the differences between these two terms in detail.
About Difference Between Percentage And Percentile
| Difference | Description |
|---|---|
| Percentage | A number expressed as a fraction of 100. |
| Percentile | A measure used in statistics to indicate the value below which a given percentage of observations falls. |
| Calculation | Percentage is calculated by dividing one number over another. Percentile is calculated using rank order. |
| Type | Percentage is an absolute number, while percentile is a relative value. |
| Ranking | Percentage can be used to compare two values, while percentile is used to compare a particular value with its peers. |
| Application | Percentage is commonly used for comparison, whereas percentile is mostly used for ranking. |
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