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Kernel matching: same as radius matching, except control observations are weighted as a function of the distance between the treatment observation's propensity score and control match propensity score. One example is the Epanechnikov kernel. Radius matching is a special case where a uniform kernel is used.
Matching is a statistical technique that evaluates the effect of a treatment by comparing the treated and the non-treated units in an observational study or quasi-experiment (i.e. when the treatment is not randomly assigned).
Matching involves comparing program participants with non-participants based on observed selection characteristics. Propensity score matching (PSM) uses a statistical model to calculate the probability of participating on the basis of a set of observable characteristics and matches participants and non-participants with similar probability scores.
Example choice-based conjoint analysis survey with application to marketing (investigating preferences in ice-cream) Conjoint analysis is a survey-based statistical technique used in market research that helps determine how people value different attributes (feature, function, benefits) that make up an individual product or service.
The propensity theory of probability is a probability interpretation in which the probability is thought of as a physical propensity, disposition, or tendency of a given type of situation to yield an outcome of a certain kind, or to yield a long-run relative frequency of such an outcome.
Probability matching is a decision strategy in which predictions of class membership are proportional to the class base rates.Thus, if in the training set positive examples are observed 60% of the time, and negative examples are observed 40% of the time, then the observer using a probability-matching strategy will predict (for unlabeled examples) a class label of "positive" on 60% of instances ...
Figure 1. Probabilistic parameters of a hidden Markov model (example) X — states y — possible observations a — state transition probabilities b — output probabilities. In its discrete form, a hidden Markov process can be visualized as a generalization of the urn problem with replacement (where each item from the urn is returned to the original urn before the next step). [7]
Template matching theory describes the most basic approach to human pattern recognition. It is a theory that assumes every perceived object is stored as a "template" into long-term memory. [4] Incoming information is compared to these templates to find an exact match. [5]