In computing what is a bit? A bit is the basic unit of computing. It can either take only two values. A bit consists of 8 bytes and is typically the size of a character variable. A bit is the size of the computer memory required to store an integer number. A bit is the size of the computer memory required to store a real number. Question 6 How many bits are usually in a byte? If the storage of an integer uses 32 bits, a character uses 8 bits and real number uses 64 bits. Which of the following assignments will lead to no, or nearly no, loss of accuracy and information? Multiplying 10% and 10 and assigning the result to a real variable Adding 1.1 to 2.3 and assigning the result to an integer variable Assigning 'Hello' to a character variable Adding 10-16 to 1.0 and assigning the result to a real variable. What are the first 3 bits in the IEE 754 representation of 1.807? Ignore the bits associated with the sign and the mantissa. The question only requires the representation of the number. What is the decimal equivalent to the binary number 10100110