What are MP3s? 
For those of you who are unfamiliar with MP3s, they are audio files recorded in MPEG level 3 encoding standards. MPEG means Moving Picture Expert Group. MP3 audio provides one major advantage over the majority of today's encoding methods. That is, it can store CD quality audio in a relatively small audio file. When recording at 16-bit stereo sound, the average WAV file of a song can be anywhere from 35-50 MB in size. This is too enormous for it to be used for much good. However, by encoding the audio in MP3, a compression ratio of about 11:1 is possible without any degradation of sound quality. This means your average song file will no longer be 35-50 MB, but instead about 3-5MB in size. This allows these audio files to be used more effectively as they can easily be stored in bulk amounts, or transferred over a network or the Internet. Streaming is also possible for most fast connections and can allow CD quality transmissions over the Internet.

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