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This lecture covers the fundamentals of image compression, focusing on JPEG 2000. It explains the principles of compression, including transform-based coding and predictive coding. The lecture delves into the specifics of JPEG 2000, such as its wavelet transform, quantization techniques, and entropy coding. It also discusses the concepts of region of interest coding, error resilience, and the JPEG 2000 file format. The presentation concludes with an overview of software implementations for JPEG 2000.