5. [10+30] Suppose California (treated) enacts a new health care law designed to improve health outcomes, but neighbouring Nevada (control) does not. You are interested in answering did the new California law decrease mortality? You have data for two years, where in the before period there is no policy in both states, and in after period California has implemented the new health law. i. Using indicator variables for California and for periods After the policy change( name these California and After). Write the equation you would need to estimate to get to the differences in differences estimate of the effect of the policy. ( Yit is per 1000 people mortality rate.) ii. Fill in the table below using the information from the equation you defined in the previous item. (Fill in the table with the names you had for the parameters, say 1 , or2) 5. [10+30] Suppose California (treated) enacts a new health care law designed to improve health outcomes, but neighbouring Nevada (control) does not. You are interested in answering did the new California law decrease mortality? You have data for two years, where in the before period there is no policy in both states, and in after period California has implemented the new health law. i. Using indicator variables for California and for periods After the policy change( name these California and After). Write the equation you would need to estimate to get to the differences in differences estimate of the effect of the policy. ( Yit is per 1000 people mortality rate.) ii. Fill in the table below using the information from the equation you defined in the previous item. (Fill in the table with the names you had for the parameters, say 1 , or2)