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You may need to use the appropriatetechnologyto answer this question.A travel association reported the domestic airfare (in dollars) for business travel for the current year

You may need to use the appropriatetechnologyto answer this question.A travel association reported the domestic airfare (in dollars) for business travel for the current year and the previous year. Below is a sample of12 flightswith their domestic airfares shown for both years.

Current Year Previous Year
345 303
526 475
420 462
216 206
285 275
405 432
635 585
710 650
605 545
517 547
570 496
610 580

(a)Formulate the hypotheses and test for a significant increase in the mean domestic airfare for business travel for theone-yearperiod.

H0:d< 0

Ha:d= 0

H0:d0

Ha:d< 0

H0:d0

Ha:d> 0

H0:d= 0

Ha:d0

H0:d0

Ha:d= 0

Calculate the test statistic. (Use current year airfareprevious year airfare. Round your answer to three decimal places.)Calculate thep-value. (Round your answer to four decimal places.)p-value = Using a 0.05 level of significance, what is your conclusion?Do not rejectH0. We can conclude that there has been a significant increase in the mean domestic airfare for business travel for the one-year period.RejectH0. We cannot conclude that there has been a significant increase in the mean domestic airfare for business travel for the one-year period. RejectH0. We can conclude that there has been a significant increase in the mean domestic airfare for business travel for the one-year period.Do not rejectH0. We cannot conclude that there has been a significant increase in the mean domestic airfare for business travel for the one-year period. (b)What is the sample mean domestic airfare (in dollars) for business travel for each year?current$ previous$ (c)What is the percentage change in mean airfare for the one-year period? (Round your answer to one decimal place.) %

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