Financial Markets Shannon Capacity
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From Wikipedia, the free encyclopedia In information theory , the Shannon–Hartley theorem is an application of the noisy channel coding theorem to the archetypal case of a continuous-time analog communications channel subject to Gaussian noise . The theorem establishes Shannon's channel capacity for such a communication link, a bound on the maximum amount of error-free digital data (that is, information ) that can be transmitted with a specified bandwidth in the presence of the noise interference, under the assumption that the signal power is bounded and the Gaussian noise process is characterized by a known power or power spectral density. The law is named after Claude Shannon and Ralph Hartley . Claude Shannon 's development of information theory during World War II provided the next big step in understanding how much information could be reliably communicated through noisy channels. Building on Hartley's foundation, Shannon's noisy cha...