A processor X₁ operating at 2 GHz has a standard 5-stage RISC instruction pipeline having a base CPI (cycles per instruction) of one without any pipeline hazards. For a given program P that has 30% branch instructions, control hazards incur 2 cycles stall for every branch. A new version of the processor X₂ operating at same clock frequency has an additional branch predictor unit (BPU) that completely eliminates stalls for correctly predicted branches. There is neither any savings nor any additional stalls for wrong predictions. There are no structural hazards and data hazards for X₁ and X₂. If the BPU has a prediction accuracy of 80%, the speed up (rounded off to two decimal places) obtained by X₂ over X₁ in executing P is____________.