Hello!
1/2 cup of milk is also equivalent to 1 divided by 2 cups of milk. This means that it's asking for how many times 2 goes into 1.
When you see this, you see that 2 does not go into 1 a whole number of times. It goes into 1, in fact, half times, as half of 2 is 1.
Therefore, we can say that 1/2 is one half. Now, when we're looking a one half, we can convert this to a decimal. What is one half of 1? That would be 0.5, as 0.5 * 2 = 1.
Essentially, 1 divided by 2 = 0.5.
Hope this helps!