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 = \({a_1 + a_2 + ... + a_n \over n}\)

A factor is a positive integer that divides evenly into a given number. The factors of 8 are 1, 2, 4, and 8. A multiple is a number that is the product of that number and an integer. The multiples of 8 are 0, 8, 16, 24, ...

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 = \({errors \over units}\).