CFA Practice Question

There are 155 practice questions for this study session.

CFA Practice Question

Although more training samples are added, the validation sample and training sample error rates still fail to converge. This is an indication of high:
A. bias error
B. variance error
C. base error
Explanation: Such a model is unstable. It picks up noise and produce high variance, causing overfitting and high out-of-sample error.

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