Suppose you are a salesperson working for a paper company in Scranton, Pennsylvania. Your companyhas developed a new paper product and, according to market research, has 45 5-star reviews from50 participants in the focus group. Your boss Michael wants to advertise your product as having asignificantly higher proportion of five star reviews than the market leader. You, as always, are wary ofMichael's claims and decided to test this with 99% confidence. Which of the following is TRUE?

With 99% confidence, based on this data, Michael is correct.

With 99% confidence, based on this data, Michael is wrong.

Cannot be determined from the information given.