94.87% is what you get when you turn the fraction 37/39 into a percentage.
The fraction 37/39 is very close to 1, which means its percentage is also close to 100%. That’s why the result is in the mid‑90s.
In everyday terms, seeing 94.87% tells you that 37 out of every 39 parts are present. It’s a handy way to describe a high level of completeness without using a fraction.
If you need to compare this number to other percentages, just remember it’s just a little under a full 100%, so it represents a strong majority.