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This lecture covers the basics of Pulse Amplitude Modulation (PAM) and Quadrature Amplitude Modulation (QAM), including the mapping and slicing processes for both techniques. It delves into the error analysis for PAM and explores the transition from PAM to QAM using complex numbers. The lecture also discusses the probability of error in QAM systems, the impact of transmitted power on error probability, and how to determine the throughput based on the channel's power constraint.