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What is bitrate? Does bit-rate affect the storage size?

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What is bitrate? Does bit-rate affect the storage size?

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Ripit Good offers the following bitrates: 128kbps (kilo-bits per second), 192kbps, 256kbps,and 320kbps. . In general, selecting a bit-rate is typically determined (1) by the amount of storage available and (2) how it will be used. The bigger the bitrate, the higher the sound quality and overall size of the compressed file.

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