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Briefly explain how data mining can potentially explain stock return predictability Briefly explain how the survivorship bias of the COMPUSTAT database can explain the book-to-market
Briefly explain how data mining can potentially explain stock return predictability
Briefly explain how the survivorship bias of the COMPUSTAT database can explain the book-to-market effect where stocks with high book-to-market ratios tend to have significantly higher returns than stocks with low book-to-market ratios.
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