4% chance of hitting a tank comes from Price, but I don't have his source.
The niftily entitled 'ORS 2nd TAF/No.2 ORS 21st Army Group joint report No. 3 (1945)' paints a more realistic picture of what happened operationally rather than in trials. It calculated that to have a 50% chance of hitting a German tank (it quotes a Panther) 140 rockets, equivalent to 18 sorties, were required.
Rockets may not have been effective in destroying armour or other pin point targets, but they could be devastating against larger targets, columns of soft skinned vehicles and troop concentrations. The same ORS report concluded that only 24 rockets (3 sorties) were required for a 50% chance of destroying an 'army hut' for example.
There are many reports of the morale effect of air attacks on defending German units, not just by rocket, strafing could have a similar effect. One report from the US 9th Infantry Division in Normandy sums this up. "Every time we have an air mission the rate of surrender goes up"