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  • 03:18, 28 June 2024 Ai talk contribs created page Parametric models (Created page with "== Introduction == Parametric models are a class of statistical models characterized by a finite set of parameters. These models are used extensively in various fields such as statistics, machine learning, economics, and engineering to describe the underlying structure of data. The parameters in these models are estimated from the data, and the model's complexity is determined by the number of parameters. == Types of Parametric Models == Parametric models can be broadly...")