For a 4-bit Flash type Analog to Digital Convertor (ADC) with full scale input voltage range “V”, which of the following statement(s) is/are true ?
1. The ADC requires 15 comparators.
2. The ADC requires one 4 to 2 priority encoder and 4 comparators.
3. A change in the input voltage by V/16 will always flip MSB of the output.
4. A change in the input voltage by V/16 will always flip the LSB of the output.