1. **Convert Mixed Number to Improper Fraction:**
2 \frac{1}{2} = \frac{2 \times 2 + 1}{2} = \frac{5}{2}
2. **Addition of Fractions:**
Find a common denominator. The least common denominator of 2 and 4 is 4.
3. **Convert Fractions to Have Common Denominator:**
\frac{5}{2} = \frac{5 \times 2}{2 \times 2} = \frac{10}{4}
4. **Add the Fractions:**
\frac{10}{4} + \frac{3}{4} = \frac{10+3}{4} = \frac{13}{4}
5. **Simplify the Fraction (if necessary):**
\frac{13}{4} \text{ is already in its simplest form.}
6. **Convert Back to Mixed Number (Optional):**
\frac{13}{4} = 3 \frac{1}{4}
The answer as an improper fraction is:
\frac{13}{4}
In lowest terms, there is no further simplification, so our final answer can also be considered simply as the improper fraction:
\frac{13}{4}