he would need to rent it for a year or 12 months
When a company goes public it begins selling shares of stock in a public stock market. This means that i<span>t asks for money from investors and gives them a share of the company in return of their investment. </span>
The result is: The company gets the money and the investor gets a share in the company's ownership.<span>The investor gets a share and he becomes the owner of the company but he owns only a part corresponding to the number of shares he buys.</span>
Answer:
The mean for the sampling distribution of the sample proportion is 0.29
The standard deviation for the sampling distribution of the sample proportion is 0.01435
Step-by-step explanation:
The mean for the sampling distribution of the sample proportion is always equal to the true population proportion, in this case; p = 0.29
The standard deviation for the sampling distribution of the sample proportion is calculated as;

Using the given values;
p = 0.29
1 - p = 0.71
n = 1000
The standard deviation becomes;

The s.d becomes 0.01435