5.88% is what you get when you turn the fraction 1⁄17 into a percentage. This rounded value is easy to remember and works well in everyday calculations.
The fraction 1⁄17 is a small piece of a whole, just one part out of seventeen equal parts. It shows up in situations where something is divided into many sections, like a group of 17 students where only one has a particular trait.
Because the exact decimal for 1⁄17 goes on forever (0.058823529...), we usually round it to two decimal places for simplicity. That gives the tidy 5.88%, which is handy for quick estimates and comparisons.