The fraction 1/67 is equal to 1.49% when expressed as a percentage (rounded to two decimal places). This small percentage represents a tiny portion of a whole, just barely over one percent. It's the kind of number you might encounter in very precise measurements or calculations.
In everyday life, you probably won't come across 1/67 or 1.49% very often. However, it could show up in certain contexts like statistics, finance, or scientific data. For example, it might represent a small probability in a study or a minor change in a large dataset. While it may seem insignificant, even small percentages like this can be important in some situations where precision matters.