QUESTION FOUR ( 15 MARKS) An urgent interested in selling cars believes that income is the only determinant of purchasing the same. Data from ten individuals from the firm reveal the following: (where H represents those who have the policy and N otherwise) INCOME('00 0') CAR i. ii. 2 4 1 2 0 0 5 45283 1 0 0 8 2 N|H|N |H |H |N|N|N|HN Justify the use of LPM as an estimation technique Using LPM show the chances of owning a house for one whose income is 3.