Frequentists

Frequentist probability or frequentism is an interpretation of probability; it defines an event's probability as the limit of its relative frequency in a large number of trials. This interpretation supports the statistical needs of experimental scientists and pollsters; probabilities can be found (in principle) by a repeatable objective process (and are thus ideally devoid of opinion). It does not support all needs; gamblers typically require estimates of the odds without experiments.

The development of the frequentist account was motivated by the problems and paradoxes of the previously dominant viewpoint, the classical interpretation. In the classical interpretation, probability was defined in terms of the principle of indifference, based on the natural symmetry of a problem, so, e.g. the probabilities of dice games arise from the natural symmetric 6-sidedness of the cube. This classical interpretation stumbled at any statistical problem that has no natural symmetry for reasoning.

In the frequentist interpretation, probabilities are discussed only when dealing with well-defined random experiments (or random samples). The set of all possible outcomes of a random experiment is called the sample space of the experiment. An event is defined as a particular subset of the sample space to be considered. For any given event, only one of two possibilities may hold: it occurs or it does not. The relative frequency of occurrence of an event, observed in a number of repetitions of the experiment, is a measure of the probability of that event. This is the core conception of probability in the frequentist interpretation.

Thus, if ${\displaystyle n_{t}}$ is the total number of trials and ${\displaystyle n_{x}}$ is the number of trials where the event ${\displaystyle x}$ occurred, the probability ${\displaystyle P(x)}$ of the event occurring will be approximated by the relative frequency as follows:

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