A selector's specificity is calculated as follows:
count 1 if the declaration is from is a 'style' attribute rather than a rule with a selector, 0 otherwise (= a) (In HTML, values of an element's "style" attribute are style sheet rules. These rules have no selectors, so a=1, b=0, c=0, and d=0.)
count the number of ID attributes in the selector (= b)
count the number of other attributes and pseudo-classes in the selector (= c)
count the number of element names and pseudo-elements in the selector (= d)
The specificity is based only on the form of the selector. In particular, a selector of the form "[id=p33]" is counted as an attribute selector (a=0, b=0, c=1, d=0), even if the id attribute is defined as an "ID" in the source document's DTD.
Concatenating the four numbers a-b-c-d (in a number system with a large base) gives the specificity.
In the above example, the color of the P element would be green. The declaration in the "style" attribute will override the one in the STYLE element because of cascading rule 3, since it has a higher specificity.