A is the right answer my bad :(
Answer:
D.0.58
Step-by-step explanation:
It would probably depend on what you mean by "smallest". If it means "smallest in magnitude", then of course the smallest slope you can have is zero.
Answer:
0.1608 = 16.08% probability that the business is in the chemical industry if it is known that the business is located in the Mid-West.
Step-by-step explanation:
Conditional Probability
We use the conditional probability formula to solve this question. It is

In which
P(B|A) is the probability of event B happening, given that A happened.
is the probability of both A and B happening.
P(A) is the probability of A happening.
In this question:
Event A: Failed business in the Midwest.
Event B: Chemical industry.
Probability of failed business being in the Mid-West:
7900 out of 63509. So

Probability of a failed business being a chemical industry in the Mid-West.
1270 out of 63509. So

What is the probability that the business is in the chemical industry if it is known that the business is located in the Mid-West?

0.1608 = 16.08% probability that the business is in the chemical industry if it is known that the business is located in the Mid-West.
I'm pretty sure this is correct.
2/3 * 3 = 6/9
6/9 + 4/9 = 10/9
Simplified it's 10 1/9, so the final answer is 10 1/9.