1. Fractions represent parts of a whole that is divided into equal parts. A fraction has a numerator above a denominator, where the numerator tells how many parts are being considered and the denominator tells how many parts make the whole. 2. Fractions can be represented on a number line, where each increment represents another equal part of the whole. Common fractions include halves, thirds, and quarters. 3. Fractions are used in everyday situations like baking, where recipes call for measurements like 1/4 cup of an ingredient. They help describe portions or percentages of a whole object or quantity.