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==Definition== In the frequentist interpretation, probabilities are discussed only when dealing with well-defined random experiments. 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. A claim of the frequentist approach is that, as the number of trials increases, the change in the relative frequency will diminish. Hence, one can view a probability as the ''limiting value'' of the corresponding relative frequencies.
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