Hits are a count of every file served during a time period.
An example (unamed small site obviously)
The actual ratios would vary with the subject site's file content or ''how long is a string?'' A large number of the ''hits'' below are image files (thumbnails).
Code:
Date Range Fri 6/19/2015 (24h)
Valid Hits 783496
Total Visitors 2158
Total Visits 3164
Total Pageviews 23527
Average Visitors Per Day 2158
Average Visits Per Day 3164
Average Pageviews Per Day 23527
First Time Visitors 1656
Prior Visitors 502
Bounce Rate 47.88
Average Visit Length 0:07:43
Bytes 20274545556
Gigabyte 18.88214