Looking at this particular group, he estimated survivorship bias to be 4.4% per year and backfill bias to be 7.3% per year.

分析这个特定的样本,他估算其生存偏差每年达到4.4%,回填偏差每年达到7.3%

耶鲁公开课 - 金融市场课程节选

So,we're talking about a group of funds that in aggregate probably produced somewhere in the low teens returns and he's got 11.7% per year combined survivorship bias and backfill bias.

因此我们说这组基金总体上,大概产生了略高于10%的收益率,他算出的数字是每年11.7%,结合了生存偏差和回填偏差

耶鲁公开课 - 金融市场课程节选