Perhaps a worked example will help?
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Tilt your sensor so water is in contact with both connections.
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Measure the resistance between the two connections. (For example, you measure 930 ohms.)
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Multiply by 10. (930 x 10 = 9,300).
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Select the nearest standard value to your answer (9,300 ~= 10,000 = 10k)
So in this case, use a 10k (also known as 10 kilohm, or 10,000 ohm) resistor.