On the basis of your research and understanding, respond to the following:

• Find and state the definition of levels of measurement that distinguishes the five types of data used in statistical analysis.
• In your own words, compare the five types of data and explain how they differ.
• Find and state a definition of parametric and nonparametric methods that distinguishes between the two.
• In your own words, explain the difference between parametric and nonparametric methods.
• Explain which types of data require parametric statistics to be used and which types of data require nonparametric statistics to be used and why.
• Compare the advantages and disadvantages of using parametric and nonparametric statistics.
• Describe how the level of measurement helps determine which of these methods to use on the data being analyzed.