1. The problem involves understanding the radius of a spherical balloon and potentially finding related properties like volume or surface area. 2. If the radius $r$ is given or can be measured, we can calculate the volume $V$ of the balloon using the formula: $$V=\frac{4}{3}\pi r^{3}$$ which represents the volume of a sphere. 3. We can also find the surface area $A$ of the balloon using the formula: $$A=4\pi r^{2}$$ which calculates the total outer area of the spherical balloon. 4. Given the radius, substitute the value into the formulas to find the specific volume and surface area. 5. These properties can help in understanding the balloon's capacity or the amount of material needed to cover it.