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What does the phrase 95% confidence mean? The report of a sample survey of 1014 adults says, with 95% confidence, between 9% and 15% of

What does the phrase 95% confidence mean?

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The report of a sample survey of 1014 adults 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? 0 There is a 95% chance that the percent who expect to spend more is between 9% and 15%. O 95% of all Americans will spend between 9% and 15% more than what they spent last year. 0 9% to 15% of all Americans will spend 95% of what they spent last year. 0 The method used to get the interval 9% to 15%. when used over and over again. produces interyals which include the true population proportion 95% of the time

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