if an object weighs more than an equal volume of water, it is more dense and will sink, and if it weighs less than an equal volume of water, it is less dense and will float. Remember that the density of water is about 1 g/cm3.
A 1,2-ethanediol has an ethane structure consisting of two Carbon atoms with a hydrogen from each carbon substituted by a hydroxyl group. This makes it a 1,2-diol.