The area moment of inertia (\(I\)) measures the resistance of a cross-section to bending.
For a rectangular cross-section with base \(b\) and height \(h\), the moment of inertia about an axis passing through its centroid (geometric center) and parallel to the base (let's call this the x-axis, \(I_{cx}\)) is given by the standard formula:
$$ I_{cx} = \frac{bh^3}{12} $$
The moment of inertia about an axis through the centroid parallel to the height (y-axis) would be \(I_{cy} = \frac{hb^3}{12}\).
The moment of inertia about the base itself (\(I_{base}\)) can be found using the parallel axis theorem: \(I_{base} = I_{cx} + A d^2 = \frac{bh^3}{12} + (bh)(h/2)^2 = \frac{bh^3}{12} + \frac{bh^3}{4} = \frac{bh^3}{3}\).
Option (1) is the MOI about the base, while option (2) is the MOI about the centroidal axis parallel to the base.