How to calculate MAT percentile of composite score 448.5?

Hi, Percentile is a way of giving scores popularly used for most of the MBA entrance exams. In statistics, a percentile (or centile) is the value of a variable below which a certain percent of observations fall. For example, the 20th percentile is the value (or score) below which 20 percent of the observations may be found. If your percentile is let’s say, 80%, it means, 80% of the total number of candidates have scored less than you. Or you are above 80% of the candidates for that particular score. For MAT, a total score of (marks not percentile) 600 and above is good enough to get admission into a good B-School.

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