Examlex
Why is randomization important in a study with an experimental design?
Equity Premium Puzzle
The observed phenomenon where stocks have historically outperformed government bonds by a greater margin than can be explained by traditional financial theories.
Survivorship Bias
A bias that occurs when analyzing performance or characteristics by overlooking failures or non-survivors, leading to overly optimistic or skewed outcomes.
Measurement Error
The difference between a measured variable's observed value and its true value, often due to inaccuracies in data collection or processing.
Multifactor Model
An investment model that seeks to describe the expected returns on a security based on various risk factors, providing a more comprehensive view than models based on a single factor.
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