Making & Running a Parallels Linux VM
The tutorial shows you step-by-step and Visually How to Create/Make a New Virtual Machine on Parallels desktop 10+ for macOS with a Linux Live ISO.
Parallels desktop for Mac is a hardware emulation Virtualization software, using hypervisor technology that works by mapping the host computer’s hardware resources directly to the virtual machine’s resources.

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How to Download Linux Distros ISO’s
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On New Virtual Machine Select from Image.
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Load Linux Installation ISO
If Not Found then Browse for it locating manually…
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In this Example the Express Installation is Skipped
But you can Easily Try with it…
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Set Up Name & Location
Check Configure to Customize the Installation…
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Customizing (Optional).
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Clicking on Continue and the VM will be Created.
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Then you can Run the Virtual Machine :)
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How to Install Ubuntu on a Parallels VM