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 average (or mean) of a group of terms is the sum of the terms divided by the number of terms. Average = \({a_1 + a_2 + ... + a_n \over n}\)

An exponent (cb^e) consists of coefficient (c) and a base (b) raised to a power (e). The exponent indicates the number of times that the base is multiplied by itself. A base with an exponent of 1 equals the base (b¹ = b) and a base with an exponent of 0 equals 1 ( (b⁰ = 1).

Percentages are ratios of an amount compared to 100. The percent change of an old to new value is equal to 100% x \({ new - old \over old }\).

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