How To Calculate Exact 99.9th Percentile in Splunk - splunk

Question

Does anyone know how to exactly calculate the 99.9th percentile in Splunk?
I have tried a variety of methods as below, such as exactperc (but this only takes integer percentiles) and perc (but this approximates the result heavily).
base | stats exactperc99(latency) as "99th Percentile", p99.9(latency) as "99.9th Percentile"
Thanks,
James

Answer 1

From the Splunk documentation:
There are three different percentile functions:
perc<X>(Y) (or the abbreviation p<X>(Y)) upperperc<X>(Y)
exactperc<X>(Y) Returns the X-th percentile value of the numeric field
Y. Valid values of X are floating point numbers from 1 to 99, such as
99.95.
Use the perc<X>(Y) function to calculate an approximate threshold,
such that of the values in field Y, X percent fall below the
threshold.
The perc and upperperc functions give approximate values for the
integer percentile requested. The approximation algorithm that is
used, which is based on dynamic compression of a radix tree, provides
a strict bound of the actual value for any percentile. The perc
function returns a single number that represents the lower end of that
range. The upperperc function gives the approximate upper bound. The
exactperc function provides the exact value, but will be very
expensive for high cardinality fields. The exactperc function could
consume a large amount of memory in the search head.
Processes field values as strings.
Examples:
p99.999(response_ms)
p99(bytes_received)
p50(salary) # median