Explanation

There are only 2 possible outcomes for each flip and only 3 flips total. The most straightforward approach is to list all of the possible outcomes: {HHH, HHT, HTH, HTT, TTT, TTH
THH, THT}.

Of these 8 possibilities, 3 of the outcomes have one head and two tails, so the probability of this event is $\frac{3}{8}$.

Alternatively, count the total number of ways of getting 1 head without listing all the possibilities. If the coin is flipped 3 times and you want only 1 head, then there are 3 possible positions for the single head: on the first flip alone, on the second flip alone, or on the third flip alone. Since there are 2 possible outcomes for each flip, heads or tails, there are (2)(2)(2) = 8 total outcomes. Again, the probability is $\frac{3}{8}$.