Answer and Explanation:
The compression rate says by how much the text was compressed from the original as a percentage. Don't forget that the compressed version of the text is the compressed text size + dictionary size.
From the given picture:
compressed text size = 17 bytes
dictionary size = 26 bytes
compressed text size + dictionary size = 17 + 26 = 43 bytes
original test size = 58 bytes
compression rate as percentage = (43 / 58) * 100 = 74.14% ( rounded to two decimal )
Space savings = 100 - compression rate
= 100 - 74.14 = 25.86%
Is this a "good" compression rate? Why or why not?
Compression data is a heuristic problem. It’s hard to say the exact compression rate that is good or bad. If you feel satisfied by ~ 26% of compression, then it is a good compression rate.
The compression rate above frees up 26% space for you, so that you can put additional information
without losing information. In that way it is a good compression rate.