To estimate the proportion of a population that supports a new policy, a random sample was selected. Based on the sample, it is estimated that the proportion of the population that supports the policy is , with an associated margin of error of . Based on this estimate and margin of error, which of the following is the most appropriate conclusion about the proportion of the population that supports the policy?
It is plausible that the proportion is between and .
It is plausible that the proportion is less than .
The proportion is exactly .
It is plausible that the proportion is greater than .