Which statement best describes the data contained within the Text Input Tool?

The statement that data values are static and live within the workflow accurately describes the nature of the Text Input Tool in Alteryx. This tool allows users to manually input data directly into the workflow. The values entered are fixed and do not change unless manually modified by the user, meaning they are not updated dynamically during the runs of the workflow. This contrasts with other tools that might process or pull dynamic data from external sources. The static nature of the data ensures that the same dataset can be reliably used throughout the workflow without unexpected changes, providing consistency for analysis and processing tasks. This direct integration within the Alteryx environment is key to understanding how this tool can be utilized effectively in a data preparation workflow.