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Ranking

  1. #1
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    Ranking

    Dear all

    I would like to rank the value in column A into three groups. Top 40% as large group, bottom 40% as small group and mid 20% as middle group.

    Please kindly help me. Excel file is attached here.

    Regards
    Shams
    Attached Files Attached Files

  2. #2
    Forum Contributor amit.wilson's Avatar
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    Re: Ranking

    Try this in C2:
    Formula: copy to clipboard
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    And then copy down to label each value as 'Top','Mid' or 'Small'.

    Is that what you wanted?

    Cheers
    <-- If you're happy & you know it...click the star.:-)

  3. #3
    Valued Forum Contributor adyteo's Avatar
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    Re: Ranking

    Try this (add the formula in column C of your excel file):
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  4. #4
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    Re: Ranking

    Dear Amit and Adyteo

    Thank you very much for help. When I compared the output using both formula, I have found that the results are not the same. Which one is correct? Why they are not same? Which one is more acceptable. I found some mid group of Mr Amit Formula takes place as small in Adyteo formula.

    Please help?

    Regards
    Shams

  5. #5
    Forum Contributor amit.wilson's Avatar
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    Re: Ranking

    M - the differences are partly due to the definition of the groups.

    Should 40% be part of the small group or the middle group?

    If you add '=' signs in Adyteo's formula like so:
    Formula: copy to clipboard
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    both the formulas will give the same result.

    The differences are with only 2 values: 117012.55 and 41999.34.

    Decide which group you want them in and then use the version of the formula that suits you.

    Cheers

  6. #6
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    Re: Ranking

    Hi Amit

    In my database there are 299 sample. Using your formula, I got 119 small and 119 large and rest are medium. But the other formula gives me small 173 observation and mid 7 observation. It does not seem correct to me.

    Regards
    Shams

  7. #7
    Forum Contributor amit.wilson's Avatar
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    Re: Ranking

    That's interesting. Try this:

    in C2, run this formula:
    Formula: copy to clipboard
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    In D2 run this formula:
    Formula: copy to clipboard
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    In E2, run this formula:
    Formula: copy to clipboard
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    and copy the three all the way down.

    Do you still see a lot of "CHECK" boxes?

    If you do, in F2, run this formula:
    Formula: copy to clipboard
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    and copy it all the way down.

    Now in column F, next to the "CHECK" values in column E, I suspect the numbers will be in either close to 40% or close to 60%. Is that correct?

    More once you've checked this.

    Cheers

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