Question: You are curious as to whether the law actually does reduce highway deaths. Using the information in the table below, perform an appropriate test to
You are curious as to whether the law actually does reduce highway deaths. Using the information in the table below, perform an appropriate test to determine whether speed limits are associated with lower traffic deaths (at a .01 significance level). Explain your reasoning below the table.
-> There IS a speed limit law:
Variable | Obs Mean Std. Dev. Min Max
---------------+--------------------------------------------------------
traffic_1992 | 8 1.5 .3338092 1.1 2.1
-> There IS NOT a speed limit law:
Variable | Obs Mean Std. Dev. Min Max
---------------+--------------------------------------------------------
traffic_1992 | 42 1.909524 .4410683 1 2.7
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