Take the following as truth: According to a 1999 opinion survey, low and moderate income Americans mistakenly believe they have a better chance of accumulating $500,000 through winning the lottery than through saving and investing a portion of their income.
Then the following statement: "Most low and moderate income Americans in 1999 knew that saving and investing was a better way to accumulate money than playing the lottery." is true, false, or inconclusive?
Answer: False