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Basic Question 1 of 11

What is the best way to test for data-mining bias?

A. Evaluate results against out-of-sample data.
B. Examine the record of the researchers.
C. Examine the database used for bias.

User Contributed Comments 0

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

describe the issues regarding selection of the appropriate sample size, data-mining bias, sample selection bias, survivorship bias, look-ahead bias, and time-period bias.

CFA® 2024 Level I Curriculum, Volume 1, Module 5.