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Signal to Noise ratio is essentially the ratio of the signal power to the average noise power. Correlation is the similarity of two signals. Assuming a signal travels through a channel or medium, and is affected by time-varying channel characteristics so that its autocorrelation is degraded. Would it be justified to say that the SNR at the receiver would also be affected in that, it will become low?

Just wondering if the two are connected or not, or would it be justified to link the two.

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