Avid DNxHR, which stands for "Digital Nonlinear Extensible High Resolution", is a lossy UHDTV post-production codec engineered for multi-generation compositing with reduced storage and bandwidth requirements. The codec was specifically developed for resolutions considered above FHD/1080p, including 2K, 4K and 8K resolution. DNxHD will continue to be used for HD resolutions.

Choose your answer: based on the paragraph above can we conclude that "Avid DNxHR, which stands for "Digital Nonlinear Extensible High Resolution", is a gainy UHDTV post-production codec engineered for multi-generation compositing with reduced storage and bandwidth requirements"?

Choices:
1). Yes;
2). It's impossible to say;
3). No;
I think the answer is
3).