Obviously, I believe that the time period can be subjective based on the requirements of that particular country and other trends but still I want to know precisely.

For an example lets say that we need to make a prediction about the population of the city, furthermore lets posit that our prediction has a strong correlation with the city-plan it self, then we would have to make an assumption that the city-plan will not be changed for a particular time period, which is the standard time period (i.e. if there exists such a standard) the city is designed for.  

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