4. Answer ALL parts of this question
The following time-series regression (Table 2) estimates the effects of new legislation on fatal car accidents in California from January 1981 to December 1989. The variables are measured as follows: Ifatacc is the log value of state-wide fatal accidents, spdlaw is a dummy that takes the value of 1 after the law on speed limit (maximum 65 miles per hour) was implemented and 0 otherwise, beltlaw is also a dummy variable that takes the value of 1 after the law on seatbelt law was implemented and 0 otherwise, wkends corresponds to the number of weekends in a month, and t is a variable that captures each period in the sample.
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