The fraction 3/62 is equal to 4.84% when converted to a percentage and rounded to the nearest two decimal places. This small percentage represents just a tiny portion of a whole, less than one-twentieth. It's the kind of number you might encounter in statistics or probability calculations, where small fractions can have significant meaning.
In everyday life, you probably won't come across 3/62 or 4.84% very often. However, it's still useful to understand these small values. They could represent things like the chance of a rare event happening, a small portion of a budget, or a minor increase in a measurement. While 4.84% might seem insignificant on its own, in some contexts it could make a big difference.
