Question: Vhen testing mutual fund performance over time, one must be careful of which means that a certain percentage of poorer - erforming funds fail over

Vhen testing mutual fund performance over time, one must be careful of
which means that a certain percentage of poorer-
erforming funds fail over time, making the performance of remaining funds seem more consistent over time.
Multiple Choice
mean reversion bias
lucky event bias
survivorship bias
 Vhen testing mutual fund performance over time, one must be careful

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