A recent study found that the 95% confidence interval for average rent payment in Memphis is ($695,$805) Explain what this means.

A . 95% of people in Memphis pay rent between $695 and $805

B. 95% of people in the study sample pay rent between $695 and $805

C. There is a 95% chance that average rent paid by Memphians is between $695 and $805

D. There is a 95% chance that average rent paid among survey respondents is between $695 and $805