______ bias arises when the returns of unsuccessful funds are left out of the sample.

Name: ______ bias arises when the returns of unsuccessful funds are left out of the sample.
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Question

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Survivorship bias occurs when only the returns of funds that have survived or succeeded are considered, while those that have failed are ignored. This can lead to an overestimation of performance because the unsuccessful funds, which would likely have lower returns, are left out of the analysis.

______ Bias Arises When the Returns of Unsuccessful Funds Are