In a digitally modulated signal or a line code, symbol rate, modulation rate or baud rate is the number of symbol changes, waveform changes, or signaling events across the transmission medium per unit of time. The symbol rate is measured in baud (Bd) or symbols per second. In the case of a line code, the symbol rate is the pulse rate in pulses per second. Each symbol can represent or convey one or several bits of data. The symbol rate is related to the gross bit rate, expressed in bits per second. A symbol may be described as either a pulse in digital baseband transmission or a tone in passband transmission using modems. A symbol is a waveform, a state or a significant condition of the communication channel that persists, for a fixed period of time. A sending device places symbols on the channel at a fixed and known symbol rate, and the receiving device has the job of detecting the sequence of symbols in order to reconstruct the transmitted data. There may be a direct correspondence between a symbol and a small unit of data. For example, each symbol may encode one or several binary digits (bits). The data may also be represented by the transitions between symbols, or even by a sequence of many symbols. The symbol duration time, also known as unit interval, can be directly measured as the time between transitions by looking into an eye diagram of an oscilloscope. The symbol duration time Ts can be calculated as: where fs is the symbol rate. For example, a baud rate of 1 kBd = 1,000 Bd is synonymous to a symbol rate of 1,000 symbols per second. In case of a modem, this corresponds to 1,000 tones per second, and in case of a line code, this corresponds to 1,000 pulses per second. The symbol duration time is 1/1,000 second = 1 millisecond. The term baud rate has sometimes incorrectly been used to mean bit rate, since these rates are the same in old modems as well as in the simplest digital communication links using only one bit per symbol, such that binary "0" is represented by one symbol, and binary "1" by another symbol.

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Modem
A modulator-demodulator or modem is a computer hardware device that converts data from a digital format into a format suitable for an analog transmission medium such as telephone or radio. A modem transmits data by modulating one or more carrier wave signals to encode digital information, while the receiver demodulates the signal to recreate the original digital information. The goal is to produce a signal that can be transmitted easily and decoded reliably.
Baud
In telecommunication and electronics, baud (bɔːd; symbol: Bd) is a common unit of measurement of symbol rate, which is one of the components that determine the speed of communication over a data channel. It is the unit for symbol rate or modulation rate in symbols per second or pulses per second. It is the number of distinct symbol changes (signalling events) made to the transmission medium per second in a digitally modulated signal or a bd rate line code. Baud is related to gross bit rate, which can be expressed in bits per second.
Intersymbol interference
In telecommunication, intersymbol interference (ISI) is a form of distortion of a signal in which one symbol interferes with subsequent symbols. This is an unwanted phenomenon as the previous symbols have a similar effect as noise, thus making the communication less reliable. The spreading of the pulse beyond its allotted time interval causes it to interfere with neighboring pulses. ISI is usually caused by multipath propagation or the inherent linear or non-linear frequency response of a communication channel causing successive symbols to blur together.
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