Rational exponents (also called fractional indices) let you write radicals using exponent notation and then use the familiar laws of exponents to simplify expressions.
Rational Exponents Are Another Way to Write Roots
A unit fraction is a fraction with numerator 1 (for example, $\frac{1}{2}$ or $\frac{1}{7}$).
Unit fractions appear naturally when we write roots as exponents.
Definition
Rational exponent
An exponent of the form $\frac{m}{n}$ where $m$ and $n$ are integers and $n\neq 0$.
For any positive real number $x$, and integers $m$ and $n$ with $n\neq 0$: $$x^{\frac{m}{n}}=(\sqrt[n]{x})^m=\sqrt[n]{x^m}$$
This statement contains three equivalent ways to see the same number or expression:
$x^{\frac{m}{n}}$ is exponent form.
$(\sqrt[n]{x})^m$ means "take the $n$th root, then raise to the power $m$".
$\sqrt[n]{x^m}$ means "raise to the power $m$, then take the $n$th root".
Note
The restriction "$x$ is a positive real number" is not just a detail.
It prevents ambiguity and non-real results when even roots of negative numbers appear (explained later).
The Key Link: Roots Correspond to Unit Fractions
The most basic rational exponents are unit fractions: $$x^{\frac{1}{n}}=\sqrt[n]{x}$$
Then you can build other rational exponents by applying a further integer power: $$x^{\frac{m}{n}}=\left(x^{\frac{1}{n}}\right)^m$$
Analogy
Think of $x^{\frac{m}{n}}$ as a two-step machine: "root" is set by the denominator $n$, and "power" is set by the numerator $m$.
A Reliable Method to Evaluate Expressions Like $a^{m/n}$
To evaluate a number with a rational exponent, it helps to separate the exponent into a unit fraction and an integer.
Example question
Simplify $16^{\frac{3}{4}}$ without a calculator.
Solution
Split the exponent: $$16^{\frac{3}{4}}=\left(16^{\frac{1}{4}}\right)^3$$
Now evaluate the fourth root: $$16^{\frac{1}{4}}=\sqrt[4]{16}=2$$
So: $$16^{\frac{3}{4}}=2^3=8$$
You could also do it in the other order: $$16^{\frac{3}{4}}=\left(16^3\right)^{\frac{1}{4}}=\sqrt[4]{4096}=8$$
Tip
When the base is a perfect power (like $16=2^4$), "take the root first" is usually faster.
When the exponent makes the power convenient first, "power first" can be easier.
Both are valid as long as you stay consistent.
Negative Rational Exponents Mean 'Reciprocal' First
A negative exponent means take the reciprocal: $$x^{-k}=\frac{1}{x^k} \quad (x\neq 0)$$
The same idea works for rational exponents: $$x^{-\frac{m}{n}}=\frac{1}{x^{\frac{m}{n}}}$$
Deal with the negative exponent by taking the reciprocal: $$\left(\frac{27}{8}\right)^{-\frac{2}{3}}=\left(\frac{8}{27}\right)^{\frac{2}{3}}$$
Now split $\frac{2}{3}$ into "cube root then square": $$\left(\frac{8}{27}\right)^{\frac{2}{3}}=\left(\left(\frac{8}{27}\right)^{\frac{1}{3}}\right)^2$$
Rewrite with a common base (prime powers help): $$\frac{\sqrt[4]{8}}{\sqrt{2}}=\frac{\sqrt[4]{2^3}}{\sqrt{2}}=\frac{2^{\frac{3}{4}}}{2^{\frac{1}{2}}}$$