The crash table already holds eventsLecture 3 · Table operations
The crash CSV you displayed with Display XY Data has the columns Inventory Route ID (Crash Level) and MilePoint (Crash Level), cut to Inventory_ and MilePoint_ in the shapefile. That pair is a point event. Placing it works like a Join: the route ID is the common key, many crashes match one route (many-to-one), and the milepoint says where along the route each row belongs.
Crashes whose route ID is blank, or names a road that is not in the route layer, are the rows a join would leave unmatched.