1/92 = ≈1.09%
Rounded to 2 decimal places.
The fraction 1/92 is about 1.09%, a small share that might show up in a survey or in the rate of items with a minor defect. For example, it could describe about one person in a group of 92 having a particular response.
To picture it quickly, think of roughly one marked item in a set of 100, just a little more than one. It’s a small enough amount that you might miss it in a large group unless you look closely.
A common mix-up is reading 1.09% as 1.09, which is much larger than the fraction means. The percent sign matters: it tells you the value is only a little over one out of every 100.