An exponential decay function is a specific type that has the form
[tex]y=b^x[/tex]with 0
That is, we must find b such that b is between 0 and 1. In our case,
[tex]b=\frac{3}{m}[/tex]then, b is less than one if and only if m>3. So, the answer is 4, which corresponds to option d.