Based on the following information, determine the location quotient for Music City and whether this city has a competitive advantage in the entertainment industry:

Employment in Entertainment in Music City: $3,020$

Total Employment in Music City: $656,785$

Employment in Entertainment $($nationally$)$: $2,160,970$

Total Employment $($nationally$)$: $106,201,232.$

Multiple Choice

$0\mathrm{.}23$; No$,$ the city does not have a competitive advantage in this industry.

$4\mathrm{.}43$; No$,$ the city does not have a competitive advantage in the industry

$0\mathrm{.}23$; Yes, the city has a competitive advantage in this industry

$4\mathrm{.}43$; Yes, the city has a competitive advantage in this industry