Answer:
The average for the sampling distribution of the sample proportion is 0.29
The standard deviation for this sampling distribution is 0.01435
Step-by-step explanation:
The mean of the sampling distribution for the sample proportion equals the actual population proportion, which is p = 0.29 in this scenario.
The standard deviation for the sampling distribution of the sample proportion is computed as follows;

Utilizing the provided values;
p = 0.29
1 - p = 0.71
n = 1000
The standard deviation computes to;

Thus, the standard deviation is 0.01435.
The response is $12.50. This might not be correct, but it's worth testing.
Response:
MAD value comes out to be 3.
Detailed Breakdown:
The given sales forecasts for the last four months are 5, 6, 11, and 12 units.
To calculate the Mean Absolute Deviation (MAD) for these forecasts:
The average of the forecasts across four months is
.
Thus, the total of absolute differences between the forecast values and the average is = |5 - 8.5| + |6 - 8.5| + |11 - 8.5| + |12 - 8.5| = 3.5 + 2.5 + 2.5 + 3.5 = 12.
Hence, the MAD value will be =
(Final Answer)