Explain what "80% confidence" means in a 80% confidence interval.What does "80% confidence" mean in a 80% confidence interval?OA. The confidence interval includes 80% of all possible values for the parameter.OB. The value of the parameter lies within 80% of a standard deviation of the estimate.OC. The probability that the value of the parameter lies between the lower and upper bounds of the interval is 80%. The probability that it does not is 20%.OD. If 100 different confidence intervals are constructed, each based on a different sample of size n from the san population, then we expect 80 of theintervals to include the parameter and 20 to not include the parameter.