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Definition:
A bit is an electronic signal which is either on (1) or off (0). It is the smallest unit of information the computer uses.
Explanation:
Bit stands for Binary Digit. Computers use the binary system to work with data. All data is stored in binary code as 1's and 0's (bits). A bit might be called the "on/off" unit of information.
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Sentence:
"There are eight bits in one byte."
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