PERCENTILE and PERCENTILE RANK

I am confused between the 2 terms, what’s the difference between PERCENTILE AND PERCENTILE RANK.

Edit -

Also, can you please also explain why do we do (n+1) in the percentile calculation. I’m still confused about it

Hi,

  1. There’s not much of a difference in Percentile and Percentile Rank. If we say we need to find out 80th percentile from a given data, then 80 will be the rank.

  2. For usage of (n+1), I think this thread might help you well.