To determine the most appropriate conclusion based on the given estimate and margin of error, we can use the margin of error to establish a confidence interval around the estimated proportion.
The estimated proportion is 92%, and the margin of error is 3%. This means that the true proportion of trains arriving within 2 minutes of their scheduled arrival times is likely to fall within a range that is 3% above and 3% below the estimated proportion.
So, the confidence interval for this estimate would be:
92% - 3% = 89%
92% + 3% = 95%
Now, let's evaluate the provided options:
A) It is plausible that 89% and 95% of all trains arrive within 2 minutes of their scheduled arrival times.
This option is correct. Given the margin of error, it is plausible that the true proportion of trains arriving within 2 minutes of their scheduled arrival times is between 89% and 95%.
B) Exactly 92% of all trains arrive within 5 minutes of their scheduled arrival times.
This option doesn't take the margin of error into account and is not a valid conclusion.
C) The student is 3% sure that most trains arrive within 2 minutes of their scheduled arrival times.
This option is not a valid conclusion. The margin of error does not represent the student's confidence; it represents the uncertainty in the estimate.
D) The student is 97% sure that exactly 92% of all trains arrive within 2 minutes of their scheduled arrival times.
This option incorrectly implies a high level of certainty in the exact percentage, which is not justified by the margin of error.
So, the most appropriate conclusion is option A: "It is plausible that 89% and 95% of all trains arrive within 2 minutes of their scheduled arrival times."