What is outlet bias in the context of the CPI?

• A. It refers to the CPI using outdated prices from outlets, leading to an understatement of inflation.
• B. It refers to the CPI using prices from traditional retail outlets instead of discount or online stores, leading to an overstatement of inflation.
• C. It refers to the CPI including prices from new product outlets, leading to an understatement of inflation.
• D. It refers to the CPI excluding prices from luxury outlets, leading to an overstatement of inflation.

Answer: (B)