Terminology in Percentile Formula
$$P_k=l+\left(\frac{\frac{kN}{100}-CF}{f}\right)h$$
where:
$$l$$ = lower boundary of the percentile class
$$n$$ = total frequency
$$CF$$ = cumulative frequency before the percentile class
$$f$$ = frequency of the percentile class
$$h$$ = class width
Usage
- Used to correctly apply the grouped percentile formula.