Reference no: EM132856046

The report of a sample survey of 969 teens says, "With 95% confidence, between 8% and 13% of all Americans expect to get more money as birthday gifts this year than last year." What does the phrase "95% confidence" mean?

A. 95% of all Americans will get between 8% and 13% more money as gifts than last year.

B. The method used to get the interval from 8% to 13% when used over and over, produces intervals which include the true population percentage about 95% of the time.

C. 8% to 13% of all American will get 95% of the money gifts than last year.

D. There is a 95% chance that the percent who expect to get more is between 8% and 13%.

E. We can be 95% confident that the method used to get the interval always gives the right answer.