There are 4 tosses total (1 penny, 1 nickel, 1 dime, and 1 quarter).
Each coin has a head on one side and a tail on the other.
There are 24 = 16 possible outcomes to choose from.
HHHH THHH
HHHT THHT
HHTH THTH
HHTT THTT
HTHH TTHH
HTHT TTHT
HTTH TTTH
HTTT TTTT
P(exactly 2 tails in tosses) = 6/16 = 3/8 = 0.375
The probability of obtaining exactly 2 tails in tosses is 0.375.