2.1. A student estimates the following equation with OLS reg…

2.1. A student estimates the following equation with OLS regression: where  WCLAB = the proportion of the working class voting for the Labor Party in a British constituency and CARSPC = the number of cars per capita in each British constituency. Calculate the predicted vote in a district where there are 3 cars per capita. How reasonable is this result?  What would have been a better procedure for estimating this model?