|Visual Basic (Declaration)|
Public Overloads Shared Function Percentile( _ ByVal seriesName As String, _ ByVal sc As SeriesCollection, _ ByVal percentile As Integer _ ) As Series
|Visual Basic (Usage)||Copy Code|
- The name of the series which will be displayed on the chart, i.e. its label.
- A collection of series objects. For example, to evaluate this indicator for two series you will need to pass a series collection containing this two series.
- A value between 1 and 100 which reprezent the value of the percetile.
Recall that the percentile is the value such that at least
interest-percent of the data set items are less than or equal to this value, or equivalently if at least
(100-interest)percent of the items are greater than or equal to this value.
50-th percentile is the measure of centrality of a data set known as the median. The median can also be evaluated using FinancialMedian.
75-th percentiles are often referred to as the
2-nd (median) and
3-rd quartile respectively. The term quartile refers to the fact that these three values will roughly divide the data set considered into four equal parts.