In a survey of 2908 adults, 1497 say they have started paying bills online in the last year. Construct a 99% confidence interval for the population proportion. Interpret the results. A 99% confidence interval for the population proportion is (UD (Round to three decimal places as needed.) Interpret your results. Choose the correct answer below. O A. With 99% confidence, it can be said that the population proportion of adults who say they have started paying bills online in the last year is between the endpoints of the given confidence interval. O B. With 99% confidence, it can be said that the sample proportion of adults who say they have started paying bills online in the last year is between the endpoints of the given confidence interval. rai O C. The endpoints of the given confidence interval show that adults pay bills online 99% of the time.

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.