I want to know the answer to the following question:
What kind of compression is used?
All the background I'm provided with is that "An MP3 file that is created using the setting of 128 kbit/s will result in a file that is about 1/11 the size of the CD file created from the original audio source (44,100 samples per second × 16 bits per sample × 2 channels = 1,411,200 bit/s; MP3 compressed at 128 kbit/s: 128,000 bit/s [1 k = 1,000, not 1024, because it is a bit rate].". Is that enough to answer the question?
Answer: yes