To determine the theoretical probability of landing on grey, you need to know the total number of equally sized slices on the spinner and how many of those slices are grey.
Assuming the spinner being fair and it has 3 equally sized slices (grey, white, and black):
Theoretical Probability of landing on grey = (Number of Grey Slices) / (Total Number of Slices)
If there is 1 grey slice out of 3 total slices:
Theoretical Probability of landing on grey = 1/3 ≈ 0.333
Rounded to the nearest thousandth, the answer is 0.333.