while calculating percentile rank there are two formula  1st ) percentile ={ ( number of values below x + 0.5)/total number of observation } *100  2nd )  percentile ={ ( number of values below x )/total number of observation } *100  I have to know when to used 1st formula and when to used 2nd formula  propert explanation needed  thanking you

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 24HP
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while calculating percentile rank there are two formula 

1st )

percentile ={ ( number of values below x + 0.5)/total number of observation } *100 

2nd ) 

percentile ={ ( number of values below x )/total number of observation } *100 

I have to know when to used 1st formula and when to used 2nd formula 

propert explanation needed 

thanking you

 

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