4/298 = ≈1.34%
Rounded to 2 decimal places.
A value like 4/298, or about 1.34%, might describe a small portion of people in a survey, a few defective items in a large shipment, or rare events in a community. It is useful when only a tiny share of a group is affected or selected.
To picture it quickly, imagine about 1 person out of every 75, with a few extra people added in a larger group. On a group of 300, it would look like only about 4 people.
A common mistake is to treat 1.34% as if it were 13.4%, which is ten times larger. Another point of confusion is that 4/298 is not exactly 1.34%, but 1.34% is a convenient rounded description.
