1/98 = ≈1.02%
Rounded to 2 decimal places.
A share of 1/98, or about 1.02%, is small enough to show up in everyday things like a rare defect in a large batch of products or a tiny slice of a survey’s results. It can also describe roughly one person out of every hundred in a group.
To picture it quickly, imagine a hundred small squares with just one shaded in; 1/98 is a little more than that one-square share. In a crowd of about a hundred people, it’s roughly the share represented by one person.
A common point of confusion is treating 1.02% as if it means 1.02 out of 10, or just over one person in ten. Percentages are out of 100, so this value is much closer to one out of a hundred.