4/264 = ≈1.52%
Rounded to 2 decimal places.
A value like 4/264 might show up when 4 items in a group of 264 have a certain feature, such as defective products in a shipment or students absent from a large event. That means the group is very small, about 1.52% of the total.
To picture it quickly, imagine 264 dots with only 4 of them highlighted. You can also think of it as roughly 1 or 2 items out of every 100, so it is a little more than one percent.
A common mistake is to treat 4/264 as if it were 4/26.4 or to assume that 4 items must represent a large share just because the numerator is easy to notice. The denominator matters most here because it shows that the 4 items are being compared with a much larger group.