A fraction means the numerator divided by the denominator. Round the result to 2 decimal places.<br><br>
&bull; \( \frac{1}{3} \) = 1 &divide; 3 = 0.3333...<br>
&bull; To 2 decimal places: look at the third decimal digit (3), which is &lt; 5, so round down.<br>
&bull; 0.3333... &asymp; 0.33<br><br>
Final Answer: 0.33