The sample space S: {BY, YB, BB, YY} represents the outcomes of spinning a spinner twice, where each section of the spinner is equally colored blue and yellow.
- BY means the first spin resulted in blue and the second spin resulted in yellow.
- YB means the first spin resulted in yellow and the second spin resulted in blue.
- BB means both spins resulted in blue.
- YY means both spins resulted in yellow.
This matches the scenario of spinning the spinner twice.
So the correct option is: Spinning a spinner twice with 2 equal sections colored blue and yellow.