Sample selection bias occurs when the sample selected does not represent the overall population (does not not have the same characteristics as the population).
Look ahead bias occurs when test is conducted using data that was not available at the time of the test (ex predicitng earnings for the year whereas fourth quarter earnings are not yet available.)
Sample selection bias occurs when the sample selected does not represent the overall population.
Look ahead bias occurs when test is conducted using data that was not available at the time of the test (ex predicting earnings for the year whereas fourth quarter earnings are not yet available.)
Hope this helps.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.