Frequency probability is the interpretation of probability that 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. 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 Je… (More on Frequentism) |