I've been watching MIT's signals course and trying to understand $z$-transform. The course introduces $z^{-1}$ as an operator that delays the signal by $1$ time unit (which works very well with the given examples), but directly after that goes on to talk about values of $z$, regions of convergence, etc. If $z^{-1}$ is an operator, why/how does it have a value?? And what does that value signify??
Note: I tried other textbooks, but most just define the transform, without any interpretation. The only interpetations I can see are that
- the transform correlates a signal by another complex exponential signal (described by $z^{-k}$)
- the transform of the impulse response is the eigenvalue of a complex exponential input signal
But I'm an absolute beginner on the subject and my understanding might be wrong. Also, I can't see a direct connection to the "delay operator" approach.