Final answer:
The common ratio of the sequence is 0.25 or 1/4.
Step-by-step explanation:
The common ratio of a sequence can be found by dividing any term in the sequence by the previous term. Let's find the common ratio for the given sequence:
1 / 2 = 0.5
2 / 1 = 2
1 / 1 = 1
1 / 3 = 0.3333
3 / 6 = 0.5
6 / 24 = 0.25
24 / 96 = 0.25
So, the common ratio of the given sequence is 0.25 or 1/4.