Convert from Bit to Kilobyte (KB) 

Unit Definition (Bit)
The Bit is the basic unit of the amount of data. Each bit records one of the two possible answers to a single question: "0" or "1," "yes" or "no," "on" or "off." When data is represented as binary (base-2) numbers, each binary digit is a single bit. In fact, the word "bit" was coined by the American statistician and computer scientist John Tukey (b. 1915) in 1946 as an acronym for binary digit. Somewhat more generally, the bit is used as a logarithmic unit of data storage capacity, equal to the base-2 logarithm of the number of possible states of the storage device or location. For example, if a storage location stores one letter, then it has 26 possible states, and its storage capacity is log₂ 26 = 4.7004 bits.

Unit Definition (Kilobyte (KB) )
The Kilobyte is a unit of information equal to 1000 bytes. As a unit of computer storage, however, the kilobyte is usually equal to 1024 bytes, although this should now be called a kibibyte.