Using a tree diagram

The tree diagram below shows all of the possible outcomes, where the stages are the outcome of the first flip, the second flip, the third flip and the fourth flip. Green arrows indicate the outcomes with at least 3 heads.

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At each stage, the probability of getting heads is $\frac{1}{2}$ and the probability of getting tails is $\frac{1}{2}$. So every single branch in the tree diagram should be labelled with probability $\frac{1}{2}$.

So the probability of getting to each of the green arrows is $\frac{1}{2}\times\frac{1}{2}\times\frac{1}{2}\times\frac{1}{2}=\frac{1}{16}$. There are 5 green arrows, so the probability of getting heads at least 3 times is $\frac{5}{16}$.

Counting all of the possible outcomes

The first flip could either result in a head or a tail, and, whether it is a head or a tail, there are still 2 options for the second flip, giving a total of 4 outcomes for the first two flips.

Similarly, there are a total of 8 outcomes after 3 flips, and 16 after 4 flips.

Of these outcomes, there is only one way to get heads 4 times (HHHH). There are 4 ways to get heads 3 times (HHHT, HHTH, HTHH, THHH). This means there are a total of 5 ways of getting heads at least 3 times.

Any sequence of heads and tails has the same probability, because on each flip, a heads is as likely as a tails, regardless of what has happened so far. So the probability of getting heads at least 3 times is $\frac{5}{16}$.