So what does conversation ratio mean? 1.3 etc

Am I right in thinking when people talk of a conversion ratio of say 1.5, they mean they get a result 1.5% of the time?

I'm ideally trying to figure out what the average conversion ratio is for dating site free signups...

when people talk about conversion rates they mean this: if from 100 people who see the signups only 20 of them people really signed up than the conversion ration is 20 (%), let me know if that was clear

Conversion rate shows how many visitors actually convert to money or other things you need.

It is an average. It is the % of visitors who signup and become your customers. For example: 115 people visit your dating site and one person gets out the credit card and buys, your Conversion Ratio (CR) is 100 divided by 115 (to get a percentage value). That would be 0.87 in this case. That means you're turning 0.87% of visitors into customers.

There are programs that will do this for you.

Ok thanks guys, figured as much but was just making sure as some of the conversion ratios people talk about are lower than I'd expected.