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In: Statistics and Probability

Suppose you are interested in studying the relationship between speed limits and traffic fatalities. a. (1...

Suppose you are interested in studying the relationship between speed limits and traffic fatalities. a. (1 point) How would you write this relationship using the core model of econometrics? b. (1 point) Do you expect ? to be positive or negative? Explain your reasoning. c. (2 points) What are three factors that are likely included in the error term of your model?

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