Final answer:
The probability of the first three flips being heads is 1/8.
Step-by-step explanation:
The probability of the first three flips all being heads can be found by multiplying the individual probabilities of each flip being a head. Since each flip is independent, the probability of a single flip resulting in a head is 0.5. So, the probability of the first three flips being heads is 0.5 x 0.5 x 0.5 = 0.125, which is equivalent to 1/8.