The volume of a cone is the amount of space it occupies. A cone has a circular base and a pointed top, known as the apex. To calculate the volume, you can use the formula: V = \frac13 \pi r^2 h , where V is the volume, r is the radius of the base, and h is the height of the cone. The constant \pi (approximately 3.14) is used to relate the diameter of the circle to its circumference. Understanding cone volume is important in various fields, including mathematics, engineering, and architecture. For example, when designing structures like towers or funnels, knowing the volume helps in determining material requirements and ensuring stability. This concept also applies in everyday situations, such as calculating the amount of ice cream in a cone or the capacity of a traffic cone.