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If you toss a coin 20 times and it comes up heads 12 times

If you toss a coin 20 times and it comes up heads 12 times, does this mean that the probability of getting heads when tossing any coin = 12/20 or 60%? What is the probability of getting heads in a coin toss equal in real life? Why was this outcome different? What would you expect to happen in the long run (i.e. if tossed a coin 1,000 times).

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Finance Basics: If you toss a coin 20 times and it comes up heads 12 times

Reference No:- TGS02655905

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