About telecommunication

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Optical fiber provides cheaper bandwidth for long distance communication Bell Labs scientist Claude E. Shannon published A Mathematical Theory of Communication in 1948. This landmark publication was to set the mathematical models used to describe communication systems called information theory. … Read More

Kelly gambling

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Kelly gambling is an application of information theory to gambling and (with some ethical and legal reservations) investing. An important but simple relation exists between the amount of side information a gambler obtains and the expected exponential growth of his … Read More