16/1066 = ≈1.5%
Rounded to 2 decimal places.
A value like 16 out of 1,066 might show up when only a small number of people in a large group respond to a survey or experience a certain problem. It represents about 1.5%, so it could describe 16 defective items in a shipment of 1,066 products.
To picture 1.5% quickly, imagine 100 equal items and shade just one or two of them. It is a little more than one item out of every 100, or roughly one person in every 67.
A common mistake is treating 1.5% as if it were 15%, since the decimal point can be easy to overlook. Another point of confusion is assuming the fraction is exactly 1.5%; it is only about that amount because 16/1066 does not match 1.5% perfectly.