2W/4W circuits can transmit signals over the same physical link (2W) or separate links (4W). Bandwidth measures a circuit's capacity and is calculated by subtracting the minimum and maximum supported frequencies. Baud rate counts the number of signal changes per second, while bit rate measures the number of bits transmitted per second. Two-wire circuits have low bandwidth and support analog voice and low-speed data transmission, while four-wire circuits have greater bandwidth and support digital transmission with improved quality over longer distances. Telecommunication systems include key telephone systems, PBXs, ACDs, voice messaging, and IVR to connect terminal devices.