Which statement below best describes latency of a system?(3 points)ResponsesThe time it takes for a bit to travel from sender to receiver.The time it takes for a bit to travel from sender to receiver.The amount of data (in bits) that can be transmitted at any given time. The amount of data (in bits) that can be transmitted at any given time. The strength of the network connection.The strength of the network connection.The distance that data needs to travel in a network.

The time it takes for a bit to travel from sender to receiver.