Suppose $2$ bits are used to encode a message, A and B.
- If you know $A$ is $1$, you have one bit of information.
- If you know $A\land B$ is $1$, you have two bits of information.
- If you know $A\land B$ is $0$, you have $0.415$ bits of information.
When is this number ever useful?
P.S: The formula for calculating the information content is $-\log_2\left(\text{probability}\right)$, and since the probability that $A\land B=0$ is $\frac{3}{4}$, we have $–\log_2\left(\frac{3}{4}\right) = 0.415$ bits.