To find the circumference of a circle, you can use the formula:
\[ \text{Circumference} = \pi \times \text{Diameter} \]
Using \( \pi \approx 3.14 \) and a diameter of \( \frac{1}{2} \) inches, the calculation would be:
\[ \text{Circumference} \approx 3.14 \times \frac{1}{2} \]
Calculating this:
\[ \text{Circumference} \approx 3.14 \times 0.5 = 1.57 \]
So, the approximate circumference of the circle is \( 1.57 \) inches.