Write the procedure to calculate co-efficient of localization under Sargant Florence theory location planning? 

Sargant Florence theory of location planning is a widely used method for determining the optimal location of a business or industry. One key component of this theory is the coefficient of localization, which measures the degree to which a particular industry is concentrated in a specific geographic area. Here's a step-by-step procedure to calculate the coefficient of localization under Sargant Florence theory:

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