Can I run iLife 11?

I got an old Macbook as a gift a long time ago, but when I got it, I didn't get any discs or iLife disc. I recently found a website where I can buy the disc, but I want to know if my mac can run it.

Specs:

500 GB HD

4 GB Ram

Intel GMA 950

Intel Core 2 Duo -- 2.16 GHz

Mac OS X 10.7.5

Website:

http://www.amazon.com/Apple-MC623Z-A-iLife-VERSION/dp/B003XKRZES