A real estate developer looks at the value of the 100 residential real estate plots and calculates a 95% confidence interval for the true mean value of a plot (in millions) to _instructure.com/courses/126004/quizzes/1902905/take Quiz: Unit 3 Exam (Remotely Proctored) be between $1.6 million and $3.6 million. Use this information for all the parts. Part 1: What is the best way to interpret this interval? 95% of plots have a value between $1.6 million and $3.6 million We are 95% confident the sample mean value of a plot is between $1.6 million and $3.6million. There is a 95% chance that the true mean value of a plot is between $1.6 million and $3.6 million. We are 95% confident that the true mean value of a plot is between $1.6 million and $3.6 million