Fractions must share a common denominator in order to be added or subtracted. The common denominator is the least common multiple of all the denominators.

The least common multiple (LCM) is the smallest positive integer that is a multiple of two or more integers.

Probability is the numerical likelihood that a specific outcome will occur. Probability = \({ \text{outcomes of interest} \over \text{possible outcomes}}\). To find the probability that two events will occur, find the probability of each and multiply them together.

A rate is a ratio that compares two related quantities. Common rates are speed = \({distance \over time}\), flow = \({amount \over time}\), and defect = \({errors \over units}\).

A rational number (or fraction) is represented as a ratio between two integers, a and b, and has the form \({a \over b}\) where a is the numerator and b is the denominator. An improper fraction (\({5 \over 3} \)) has a numerator with a greater absolute value than the denominator and can be converted into a mixed number (\(1 {2 \over 3} \)) which has a whole number part and a fractional part.