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You could find out just by comparing with your own measurement.
More systematically, this is explained in the Python documentation of time.time():
Return the time in seconds since the epoch as a floating point number.
So it is in seconds. I leave it as an exercise to convert it into minutes, hours, days...
 Copyright Sage, 2010. Some rights reserved under creative commons license. Content on this site is licensed under a Creative Commons Attribution Share Alike 3.0 license.
 
                
                Copyright Sage, 2010. Some rights reserved under creative commons license. Content on this site is licensed under a Creative Commons Attribution Share Alike 3.0 license.