I doubt that constitutes a majority of the people you pass on, but it's definitely going to be double digits.
I've never hired using a white board coding test, and out of 30 or 40 folks i've had to let 2 go pretty quickly because it was clear they couldn't do the work, but the rest did as well as somebody who would have passed one of your quizes - I'd expect we'd see similar long term failure rates in both sets.
I'm sure it makes sense at google where the hiring procedures don't leave much room for error, but I'm sure I've been able to hire some great folks that you would have missed. Arguably the best heads down brilliant engineer I've hired (well tied for #1) completely melted down on his first interview. Tried again with drinks and a show at Yoshi's and he did so well I would have hired him to be my boss. He easily pulled 3x his own weight for us and was very loyal and easy to work with.
So many people go on and on about how hard it is to hire yet they go around systematically rejecting all the same candidates for all the same reasons.