【每日一练】CFA 一级（2015年）

Question：

The real estate index most likely to suffer from sample selection bias is a(n): 
A. REIT index. 
B. repeat sales index. 
C. appraisal index. 
 

Answer = B 
Only properties that sell in each period and are included in the index and vary over time which may  not be representative of the whole market

CFA Level I

“Introduction to Alternative Investments,” by Terri Duhon, George Spentzos, and Scott D. Stewart

Section 5

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