The following differentiates the Python collections based on the major parameters: 1. List - a.The list is used to store ordered data b. The data stored in a list can be mutated. c. Lists can have duplicate elements. 2. Tuple - a. A tuple is used to store ordered data. b. The data stored in a tuple cannot be mutated. c. Tuples can also contain duplicate elements. 3. Set - a. Set is used to store unordered data. b. Sets can be easily mutated. c. A set can only contain unique data elements. 4. Dictionary a. A dictionary is used to store unordered data. b. The key-value pairs stored in a dictionary are mutable. c. Dictionary elements should be unique as duplicates are not allowed.