To find the equation of the line passing through the points (1, 1/4) and (3, 3/4), we can use the point-slope form of the equation of a line:
Point-slope form: y - y_1 = m(x - x_1) 
First, let's find the slope m using the given points:
 m = \dfrac{y_2 - y_1}{x_2 - x_1} 
 m = \dfrac{\frac{3}{4} - \frac{1}{4}}{3 - 1} 
 m = \dfrac{\frac{2}{4}}{2} = \frac{1}{4} 
Now, choose one of the points to substitute into the point-slope form. Let's use the point (1, 1/4):
 y - \frac{1}{4} = \frac{1}{4}(x - 1) 
 y - \frac{1}{4} = \frac{1}{4}x - \frac{1}{4} 
Now, simplify the equation:
 y = \frac{1}{4}x 
Therefore, the rule for the line passing through the points (1, 1/4) and (3, 3/4) is y = \frac{1}{4}x .
\textbf{Answer:} y = \frac{1}{4}x