(Solved): A friend is considering buying stock in TESLA, a car company focused on fuel-efficiency. If the Ga ...

A friend is considering buying stock in TESLA, a car company focused on fuel-efficiency. If the Gas Price goes down, the probability of TESLA stock price going down is \( 60 \% \). When the Gas Price goes up, the probability of TESLA stock price going up is \( 70 \% \). History shows there is a \( 55 \% \) chance of the Gas Price increasing over the next month. What is the probability that both the Gas Price and TESLA stock price increase over the next month? \( 0.55 \) \( 0.165 \) \( 0.385 \) \( 0.27 \)