Step 1: Understanding the Concept:
This problem asks for the probability of a specific outcome when two coins are tossed simultaneously. We need to identify all possible outcomes and then find the ones that match the desired event.
Step 2: Key Formula or Approach:
\[ \text{Probability} = \frac{\text{Number of Favorable Outcomes}}{\text{Total Number of Possible Outcomes}} \]
Step 3: Detailed Explanation:
When two coins are tossed, the set of all possible outcomes (the sample space) is:
\{HH, HT, TH, TT\}
where H = Heads and T = Tails.
The total number of possible outcomes is 4.
The event we are interested in is "getting heads on both the coins."
The favorable outcome for this event is just one: \{HH\}.
The number of favorable outcomes is 1.
Now, calculate the probability:
\[ P(\text{both heads}) = \frac{1}{4} \]
Step 4: Final Answer:
The probability is \(\frac{1}{4}\).