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 80% chance of the Gas Price increasing over the next month. What is the probability that the TESLA stock price decreases over the next month? 0.56 0.27 0.45 0.36
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 80% chance of the Gas Price increasing over the next month. What is the probability that the TESLA stock price decreases over the next month? 0.56 0.27 0.45 0.36
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.3: Applications: Growth And Decay
Problem 16E
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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 80% chance of the Gas Price increasing over the next month. What is the probability that the TESLA stock price decreases over the next month?
0.56
0.27
0.45
0.36
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