Do bounce rates affect a site's search engine ranking?

Usually, the term 'bounce rate' has a negative connotation associated with it. People think that if a visitor only visits one page and then leaves, it's bad for business. ... After all, a high bounce rate would indicate that a site does not have the high-quality, relevant content Google wants out of its top ranked sites.

Bounce rates and how they affect a website's ranking on Google has been discussed, dissected, and dismembered over and over again. ... Once the search listing appeared, he had everyone in the crowd click one of the listings at the bottom of the results page and then click away from that site.

Yes bounce rate effects search engine rankings. It should be maintained lowest to get the maximum value of your domain in search engines.