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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

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