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\frac{2}{3}\times \left(\frac{1}{2}\right)\approx 0.333333333
Reduce the fraction \frac{5}{10}=0.5 to lowest terms by extracting and canceling out 5.
\frac{2\times 1}{3\times 2}\approx 0.333333333
Multiply \frac{2}{3}\approx 0.666666667 times \frac{1}{2}=0.5 by multiplying numerator times numerator and denominator times denominator.
\frac{1}{3}\approx 0.333333333
Cancel out 2 in both numerator and denominator.