How many statements below are correct?

* An analyst is trying to determine the relationship between the returns of all companies in the Russell 1000 index and their respective debt/equity ratios. To do this, he selects the daily returns for the first week of January. The bias his sample is most likely to suffer from is time period bias.

* The same analyst is trying to determine the relationship between the returns of all companies in the Russell 1000 index and their respective debt/equity ratios. He selects the daily returns for the first week of January and finds no relationship. He then uses this sample to see if there is a relationship between operating leverage. It appears that he is simply data mining.

A. 0

B. 1

C. 2

PROVIDE FULL EXPLANATION