Conceptually in a unbiased or fair coin both the sides have the same probability of showing up i.e. 1/2 =0.50 or 50 % probability exactly. Wherein within a biased or unfair coin probabilities are unequal. That is any one side has more than 50% probability of showing up and so the other side has lesser than 50% chances of turning up.
A fair coin, when tossed, should have an equal chance of landing either side up. In probability theoryand statistics, a sequence of independentBernoulli trialswith probability 1/2 of success on each trial is metaphorically called a fair coin. One for which the probability is not 1/2 is called a biasedor unfair coin.
A fair coin has sides (heads and tails) that are equally likely to show when the coin is flipped. What is the theoretical probability that a fair coin lands on heads? Dave flipped a coin times and got heads on of the flips.
The "coin" itself is just a coin; by itself it doesn't do anything, and so it cannot be fair or not-fair. What we're talking about is the process of tossing a particular coin in some fashion -- that can be discussed in terms of whether it's fair or not. Data can't show you that a coin-tossing process applied to some coin is exactly fair.
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