While the computer/information term 'bit' was first used in a research paper by Claude Shannon in 1948, the term was coined by John Tukey as a contraction of binary digit while he was working on concepts of computer design. I suppose during the holidays we could say it is a bit of Tukey.
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I believe it was John Tukey in 1997
Stastician and chemist, John Tukey.
It was invented by the American statistician John Tukey in 1977
The Stem and Leaf plot was first used by John Tukey around 1977 in a study of volcanos. John Tukey was a mathematician and statistician who is credited with first using the term software to describe the programs that run on computers.
"Binary" and "Digit", coined by John Tukey in 1946.