When calculating Ethernet (CSMA/CD) backoff time, what do we mean by bit time?

A+ Guide to Hardware (Standalone Book) (MindTap Course List)
9th Edition
ISBN:9781305266452
Author:Jean Andrews
Publisher:Jean Andrews
Chapter9: Supporting Network Hardware
Section: Chapter Questions
Problem 6RB
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When calculating Ethernet (CSMA/CD) backoff time, what do we mean by bit time?

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