When flipping two coins without regard to which coin shows heads or tails, the degrees of freedom depend on the statistical test used. For testing the equality of probabilities for heads and tails, the Chi-square goodness of fit test is appropriate. In this case, the degrees of freedom are calculated as the number of characteristics minus one, resulting in one degree of freedom. The two characteristics considered are heads and tails. This analysis highlights the importance of the chosen statistical method in determining degrees of freedom.