Which of the following statements are true about the k-nearest neighbors (k-NN) algorithm?

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k-NN typically uses the majority voting method to predict classification.

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The k-NN algorithm determines which class an object belongs to based on the class to which most of the object's k nearest neighbors belong.

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k-NN typically uses the mean value method to predict regression.

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k-NN is a parametric method often used for datasets with regular decision boundaries.

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