Non-comparative scaling data are generally assumed to be interval or ratio scaled

Revision of a completed and approved budget:

What will be an ideal response?

You overheard a conversation by trustees of a definedbenefit pension plan about how successfulthey have been in making asset allocation decisionsand selecting asset managers

Every yeartheir asset allocation decision has resulted in theallocation to the top-performing asset classes, andthe managers that they selected outperformed theasset class benchmark. Comment on whether ornot you can judge whether these trustees did aneffective job in directing the pension plan.