Question: 2. Do prediction errors increase as the prediction time becomes farther removed from the most recent observation time? Assess this by setting the most recent

2. Do prediction errors increase as the prediction time becomes farther removed from the most recent observation time? Assess this by setting the most recent observation time to January 1, 2002. Then, compute predictions forward to January 1, 2009. Find error rates within a moving window of five time points over this range of predictions. Do these rates increase over this time interval?

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