Bits: Bits are the individual digits in a binary number. They can be either 0 or 1.
Binary System: The binary system is the numerical system that uses only two digits, 0 and 1, to represent all values. It is widely used in computer systems.
Decimal Numbers: Decimal numbers are the base-10 number system that we commonly use in everyday life. It uses ten digits from 0 to 9 to represent all values.