MHB Parametric and non-parametric data

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I need the answer of the following question in 500 words. It was set in a university exam. But no where I found the straight forward answer. Please help

Question: Differentiate between Parametric and non-parametric data. How these data are analysed? (Word limit 500)
 
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I would suggest that you type out your attempt so our helpers can perhaps give you some guidance.
 

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