I have a rather simple task to achieve but I am not sure how to do that in excel.
I have a list of values and number of counts of each value (my variable is discrete). I am trying to calculate 1st and 3rd quartiles of the variable given the counts I have. Overall dataset will be too large to fit into excel in raw format so I am using matrix of value counts.
Example:
Value | Count
1 | 100000
2 | 300000
3 | 350000
4 | 100000
5 | 50000
6 | 1000
7 | 10
I need to generate 1st, 3rd quartile and median out of this dataset, but as far as I see excel's quartile accepts only raw values, not values and their counts.