Step 1: Count the favorable outcomes
The possible pairs that give a sum of 7 when two six-sided dice are thrown are:
\[
(1,6), (2,5), (3,4), (4,3), (5,2), (6,1)
\]
There are 6 favorable outcomes.
Step 2: Total possible outcomes
Each die has 6 faces, so the total number of outcomes is:
\[
6 \times 6 = 36
\]
Step 3: Calculate the probability
\[
P(\text{sum} = 7) = \frac{6}{36} = \frac{1}{6} \approx 0.1667
\]
Rounding to two decimal places:
\[
\boxed{0.17}
\]