A marketing firm is trying to estimate the proportion of households in a city that own a smart speaker. A random sample of households is surveyed. Based on the sample, the firm estimates the proportion is with an associated margin of error of . Which of the following is the most appropriate conclusion about the proportion of households in the city that own a smart speaker?
The proportion is exactly .
It is plausible that the proportion is less than .
It is plausible that the proportion is between and .
It is plausible that the proportion is greater than .
