1/73 = ≈1.37%
Rounded to 2 decimal places.
A value like 1.37% can show up in everyday life as a small share of a group, such as the portion of customers who report an issue or the chance of a rare event. It’s small, but across a large group it can still represent many people.
A quick way to picture it is about one person out of every 73, or a little more than one person in 100. That makes it easier to judge whether a percentage is tiny or substantial without needing to picture a decimal.
A common mix-up is reading 1.37% as 1.37, which would mean 137% and is much larger. The percent sign matters: it tells you the value is a small part of a whole.
