Which term refers to qualitative data with a limited number of values?

The term that refers to qualitative data with a limited number of values is categorical data. Categorical data is a type of data that can be divided into distinct groups or categories, where each item falls into one of a limited number of classes. These classes are mutually exclusive, meaning they cannot overlap. For example, survey responses could be categorized into limited options such as "Yes," "No," or "Maybe."

Categorical data can be further divided into two sub-types: nominal and ordinal. Nominal data refers to categories without a specific order, such as colors or types of pets. Ordinal data, on the other hand, allows for a defined order among the categories, such as ratings (e.g., "excellent," "good," "fair," "poor"). However, both nominal and ordinal data are considered to be forms of categorical data.

Continuous data, in contrast, refers to quantitative data that can take on an infinite number of values within a given range, such as height, weight, or temperature. Hence, categorical data is appropriately defined as qualitative with a limited number of values, making it the correct answer.