Android : How to compress bitmap from 10mb image from camera to 300kb beforw setting to imageview in android

I have a a pice of code:

Bitmap bitmap;
BitmapFactory.Options bitmapOptions = new BitmapFactory.Options();
bitmap = BitmapFactory.decodeFile(f.getAbsolutePath(),bitmapOptions); 

finally bitmap has the image from camera (i am taking image from a high resolution camera ) so size may be 10mb.

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What i am trying to do::

I am trying to set the bitmap in imageview as below

portfolioPicImgId.setImageBitmap(bitmap);

• Before that i want to compress the image into 300kb how can I achieve this !


• I have seen other stackoverflow answers but how to specify exactly to 300kb