Rational numbers are numbers that can be represented as fractions p/q where p and q are integers and q is not equal to 0, such as 2/5 or 4/7. Irrational numbers are numbers that cannot be represented as fractions, such as √2 or √3, and their decimal representations are non-terminating and non-repeating. Real numbers include both rational and irrational numbers and can all be represented as unique points on a number line, with rational numbers having either terminating or non-terminating repeating decimals and irrational numbers having non-terminating, non-repeating decimals.