A political poll surveyed 500 likely voters. Based on the survey, the estimated proportion of voters who support candidate X is 0.58, with an associated margin of error of 0.04. Which of the following is the best interpretation of this estimate?
The true proportion of voters who support candidate X is exactly 0.58.
Plausible values for the proportion of voters who support candidate X are between 0.54 and 0.62.
Plausible values for the proportion of voters who support candidate X are less than 0.54 or greater than 0.62.
The true proportion of voters who support candidate X is greater than 0.60.
