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what is the difference between bounce rate and exit rate?

what is the difference between bounce rate and exit rate?
>Both are matrices important in web analysis and can help online marketing people glean insights from the data, but they are definitely used difference.
>bounce rate -percentage of visitors that hit your website on a given page and don't visit any other pages on your site.
>exit rate -percentage of visitors that leave your site from a given pages based on the no.of visits to that page.
 
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