In the context of models, parameter is a configuration variable that is internal to the model and whose value can be estimated from data. In programming, parameter is passed to a function (function argument). In this case parameter could have one of range of values. In ML, the specific model which is used is the function and requires parameters in order to make predictions.
Announcing CORE, a free ML Platform for the community to help data scientists focus more on data science and less on technical complexity
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