In a simple bag, there are 5 red balls and 3 blue balls. If you randomly select one ball from the bag, what is the probability that the ball selected is red?
To solve this, you can use the formula for probability:
$$ P(A) = \f\frac{n(A)}{n(S)} $$
where:
- $ P(A) $ is the probability of event A occurring.
- $ n(A) $ is the number of favorable outcomes.
- $ n(S) $ is the total number of outcomes.