Frequentist probability or frequentism is the "standard" interpretation of probability; it defines an event's probability as the limit of its relative frequency in a large number of trials.
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.
The shift from the classical view to the frequentist view represents a paradigm shift in the progression of statistical thought. This school is often associated with the names of Jerzy Neyman and Egon Pearson who described the logic of statistical hypothesis testing. Other influential figures of the frequentist school include John Venn, R.A. Fisher, and Richard von Mises.
Read more about Frequentist Probability: Definition, Scope, History, Etymology, Alternative Views
Famous quotes containing the word probability:
“Only in Britain could it be thought a defect to be “too clever by half.” The probability is that too many people are too stupid by three-quarters.”
—John Major (b. 1943)