Is “parameterization” or “parametrization” correct when describing which parameters describe a statistical model?

Is "parameterization" or "parametrization" correct when describing which parameters describe a statistical model?
Is “parameterization” or “parametrization” correct when describing which parameters describe a statistical model?

The Oxford English Dictionary recognizes both as options (and even parameterisation, imagine that!), so you can choose the one you like. I ran a Google Trends search to see usage of the 3 spellings over the past 15 years (bit.ly/Paramewhat); “parameterization” was the clear winner.