The given equation is:

$\frac{y}{3} = \frac{4}{26}$

To solve for $y$, we can cross-multiply:

$y \times 26 = 4 \times 3$

Simplifying both sides:

$26y = 12$

Now, solve for $y$ by dividing both sides by 26:

$y = \frac{12}{26}$

Simplifying the fraction:

$y = \frac{6}{13}$

Thus, $y = \frac{6}{13}$.

Would you like any further details or explanations?

Related Questions:

1. How can you solve similar proportion problems?
2. What are the steps to simplify fractions?
3. How does cross-multiplication work in equations with fractions?
4. Can this method be used to solve any proportion problem?
5. How do you handle ratios with variables in both parts of the equation?

Tip: Always check if a fraction can be simplified by finding the greatest common divisor (GCD) of the numerator and denominator.