Nonparametric methods are usually less efficient than parametric methods.

Name: Nonparametric methods are usually less efficient than parametric methods.
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Nonparametric methods make fewer assumptions about the data's distribution, leading to greater flexibility but often at the cost of efficiency compared to parametric methods, which assume a specific distribution and can thus make more precise estimates with fewer data.

Nonparametric Methods Are Usually Less Efficient Than Parametric Methods