- CFA Exams
- CFA Level I Exam
- Topic 8. Alternative Investments
- Learning Module 2. Alternative Investment Performance and Returns
- Subject 2. Calculating Fees and Returns
CFA Practice Question
Which bias is most likely to occur when comparing the performance of alternative investments versus an index? A. Data-mining bias
B. Survivorship bias
C. Look-ahead bias
Correct Answer: B
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