A Gallup poll found that only 28% of American adults expect to inherit money or valuable possessions
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A Gallup poll found that only 28% of American adults expect to inherit money or valuable possessions from a relative. The poll’s margin of error was ±3 percentage points at a 95% confidence level. This means that
a. the poll used a method that gets an answer within 3% of the truth about the population 95% of the time.
b. the percent of all adults who expect an inheritance must be between 25% and 31%.
c. if Gallup takes another poll on this issue, the results of the second poll will lie between 25% and 31%.
d. there’s a 95% chance that the percent of all adults who expect an inheritance is between 25% and 31%.
e. Gallup can be 95% confident that between 25% and 31% of the sample expect an inheritance.
Select the best answer.
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