Final answer:
To allow a team member to adjust the parameters of a shared Board in Hootsuite Analytics, the correct permission to set is 'Can Edit'.
Step-by-step explanation:
When sharing a Board with a team member in Hootsuite Analytics, you want to allow them to adjust the parameters of the Board for better collaboration and insight generation. To do this, you must set the permission for that user to 'Can Edit'. This permission enables the team member to make the necessary changes to the Board without having the full privileges of a 'Super-Admin' or the restricted capabilities of a 'Default' user. The 'Custom' and 'Unlimited Permissions' options are not valid permission settings in Hootsuite Analytics.