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

 When testing mutual fund performance over time, one must be careful

When testing mutual fund performance over time, one must be careful of which means that a certain percentage of poorer-performing funds fail over time, making the performance of remaining funds seem more consistent over time. Multiple Choice survivorship bias lucky event blas magnitude bias mean reversion bias 9

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