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This lecture covers the reduction and symmetry properties of conic sections, focusing on the canonical forms of parabolas, ellipses, and hyperbolas. The instructor explains how to determine the canonical form of conics and discusses the absence of symmetry centers in certain cases. The lecture also delves into the transformation of conics under different bases and the degeneration of parabolas into lines. Various mathematical equations and transformations are explored to understand the geometric properties of conic sections.