interpretation of sar output for AIX LPAR

I am trying to understand the meaning of sar output for AIX LPAR.
Example: this LPAR has entitlement = 7 CPU

14:58:10 %usr %sys %wio %idle physc %entc
14:58:11 24 8 8 60 2.33 33.3
14:58:12 22 10 7 61 2.29 32.7
14:58:13 24 10 10 57 2.44 34.8
14:58:14 27 10 9 54 2.67 38.1
14:58:15 23 9 9 58 2.35 33.6

My interpretation: at 14:58:12 this LPAR was allocated 2.29 physical CPU.
Out of these 2.29 CPU it ised 22% in user mode and another 10% in kernel mode.
So in physical CPU terms utilization was 2.29 x 32% = 0.73 CPU.
Assuming all this utilization could be attributed to Oracle
and remained constant for 1 hour I should see in Statspack for 1 hour interval

Statistic Time (s) % of DB time
----------------------------------- -------------------- ------------
DB CPU 2,628

as 3,600 x 0.73 = 2,628.

Is it correct interpretation?