1/83 = ≈1.2%
Rounded to 2 decimal places.
A share of 1/83, or about 1.2%, might describe how often a rare event happens in a large group, such as a small number of products having a defect. It’s a little over one person or item out of every hundred.
To picture it quickly, imagine a crowd of about 100 people and just one person raising a hand. Since 1.2% is slightly more than 1%, the real share would be just a bit larger than that.
A common mistake is treating 1.2% as if it means 1.2 people out of 100. Percentages describe a share, so for a small group the number of people may not come out neatly.
