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Category > Math Posted 14 Dec 2017 My Price 7.00

What does the phrase "95% confidence mean"?

The report of a sample size of 1014 adult says, "with 95% confidence, between 9% and 15% of all Americans expect to spend more on gifts this year than last year."

What does the phrase "95% confidence mean"?

 

A. There is a 95% chance that the percent who expect to spend more is between 9% and 15%.

B. 9% to 15% of all Americans will spend 95% of what they spent last year.

C. The method used to get the interval 9% to 15%, when used over and over again, produces intervals which include the true population proportion 95% of the time.

D. 95% all Americans will spend between 9% and 15% more than what they spent last year.

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Martinakom
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Status NEW Posted 14 Dec 2017 09:12 AM My Price 7.00

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