The invention comprises a method and apparatus for determining a rank of a query value. Specifically, the method comprises receiving a rank query request, determining, for each of the at least one remote monitor, a predicted lower-bound rank value and upper-bound rank value, wherein the predicted lower-bound rank value and upper-bound rank value are determined according to at least one respective prediction model used by each of the at least one remote monitor to compute the at least one local quantile summary, computing a predicted average rank value for each of the at least one remote monitor using the at least one predicted lower-bound rank value and the at least one predicted upper-bound rank value associated with the respective at least one remote monitor, and computing the rank of the query value using the at least one predicted average rank value associated with the respective at least one remote monitor.