Explain how statistical data is used in the regulation of hazardous substances

The objective of this Assignment: To use a study to verify how statistical data is used in the regulation of hazardous substances. Instructions Read the article (Lyndon, 2016) and complete the assignment questions. Lyndon, M. (2016). ST. JOHN’S SCHOOL OF LAW LEGAL STUDIES RESEARCH PAPER SERIES – Information Economics and Chemical Toxicity: Designing Laws to Produce and Use Data. The Social Science Research Network Electronic Paper Collection. Retrieved 25 July 2016, from http://poseidon01.ssrn.com/delivery.php?ID=767068083087007024030104094079005103054050034080045061126005090094000090113121085124011002034032054015113003125127073079064119107041047029074099002090079106102004054039053005104086000006117110095012091112072098013030105099008066083101010094068083127&EXT=pdf Assignment Questions to answer 1. Identify the uses of toxicity and exposure data 2. Identify reasons for the lack of data and discusses the effects of this problem on the market for chemicals. In addition to the reasons from the article, think of other reasons for the lack of data and discuss the effects. 3. Describe the effect the law has had on information production 4. Describe right-to-know laws and discuss polycentric decision making as a logical development in toxics control 5. Describe the toxicity data collection and management system proposed by the article 6. Discuss in a short summary the functions of information in toxics control and the confusion that prevails in the existing statutory scheme