1/46 = ≈2.17%
Rounded to 2 decimal places.
A value like 1/46 can show up when a small share of a group is selected, such as one winning ticket among 46 entries or one student chosen from a class-sized group. It represents about 2.17%, so it is uncommon but still possible.
To picture 1/46 quickly, imagine dividing a group of 46 people into equal parts and pointing to just one person. You can also estimate it as a little more than 2 out of every 100, which helps show how small the fraction is.
A common mistake is to treat 1/46 as exactly 2%, even though it is slightly higher. Another point of confusion is thinking that a 1-in-46 chance means an event must happen once every 46 tries; it only describes the likelihood over many similar situations.