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Bounce rate is the ratio how a visitor spends a time on your website. If a visitor land on your targeted page and close the website within short time or without interacting with the site (accessing any other page on the website or clicking any link) it will count as Bounce. the grater number of bounce rate shows that visitor are visiting your page and simply closed down or move away, which indicates they are less interested in that page or the page is not capable of holding the visitors.
In terms of SEO less bounce rate is good sign.
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