2/62 = ≈3.23%
Rounded to 2 decimal places.
A value like 2/62 could show up when 2 items in a group of 62 have a certain feature, such as two defective products in a shipment. It represents about 3.23%, a small share of the total.
To picture it quickly, imagine 62 people standing in a room and only 2 of them stepping forward. You can estimate it as a little more than 3 out of every 100, so it is close to 1 in 30.
A common mistake is to treat 2/62 as if it were 2/60 or to round too early and call it exactly 3%. Also, the order matters: 2 out of 62 is very different from 62 out of 2.