Question: What are the advantages of M-ary signaling scheme compared with binary scheme? Then if 4-ary PSK signal has the transmitted waveforms as i S(t)

What are the advantages of M-ary signaling scheme compared with binary scheme? Then if 4-ary PSK signal has 

What are the advantages of M-ary signaling scheme compared with binary scheme? Then if 4-ary PSK signal has the transmitted waveforms as i S(t) = 4 cos(2fct + 7) , where i=0,1,2,3 and 0

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