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Question 12·Hard·Inference from Sample Statistics and Margin of Error

During the same week, a transit agency conducted two independent random surveys of adult residents of a city. Each survey was intended to estimate the proportion of all adult residents who had ridden a city bus during the previous month. The margins of error were determined using the same method.

SurveyEstimated proportionMargin of error
A43%43\%55 percentage points
B47%47\%33 percentage points

Which choice identifies all conclusions that are supported by the survey results?

I. The proportion of all adult residents who rode a city bus during the previous month must be between 44%44\% and 48%48\%.

II. A proportion of 46%46\% is plausible based on the results of both surveys.

III. The two survey estimates do not by themselves show incompatible results because their plausible ranges overlap.

IV. Survey B provides a more precise estimate than Survey A.