Question: Explain how you might design a statistical test to examine the presence of a certificate-of-need law on hospital care expenditures. What would be your main

Explain how you might design a statistical test to examine the presence of a certificate-of-need law on hospital care expenditures. What would be your main hypothesis in this experiment? What would be the unit of analysis in your experiment? What variables would you specify on the right-hand side of the estimation equation to act as control variables? What would be your identification strategy to eliminate any concerns about reverse causation or a third variable affecting both the presence of a CON law and hospital care expenditures?

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