The report of a sample survey of 1,014 adults says, "With 95% confidence, the true population proportion of all Americans that expect to spend more money on gifts this year than last year is between 0.09 and 0.15." What does the phrase "95% confidence" mean?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 30PPS
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The report of a sample survey of 1,014 adults says, "With 95% confidence, the true population proportion of
all Americans that expect to spend more money on gifts this year than last year is between 0.09 and 0.15."
What does the phrase "95% confidence" mean?
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