Question: A major issue associated with using an estimated sample regression function for forecasting a value of the dependent variable beyond the boundaries of the sample

A major issue associated with using an estimated sample regression function for forecasting a value of the dependent variable beyond the boundaries of the sample used to estimate the equation is that:
a. the forecast will not have minimum variance
b. the forecast will be biased
c. the standard error of the forecast will grow markedly the further the respective values of the independent variables are from their sample means
d. the ability to derive a precise forecast of the dependent variable falls quickly the further the respective values of the independent variables are from their sample means
e. c and d

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