1/23 = ≈4.35%
Rounded to 2 decimal places.
A value of 1/23, or about 4.35%, can show up when roughly one person out of every 23 shares a trait or experience. For example, it could describe a small survey group, a chance of a rare event, or a portion of a budget set aside for a minor expense.
To picture 1/23 quickly, imagine dividing a group of 23 people into equal parts and choosing just one person. It is a little more than 4 out of 100, so you can think of it as a small slice that is noticeable but still far from one-tenth.
A common mistake is treating 1/23 as exactly 4%, even though it is slightly larger than that. Another point of confusion is assuming that “one out of 23” means every 23rd person will definitely have the outcome, when it usually describes an average chance or proportion.