Final answer:
The signal represented in the image is an analog signal, which shows varying continuous amplitudes known for requiring more power to transfer information compared to more efficient and secure digital signals.
Step-by-step explanation:
The signal depicted in the image is an analog signal because it shows continuous, varying amplitudes over time, resembling the description of analog signals as continuous or 'curvy'. Analog signals are characterized by the capability to vary continuously, unlike the digital signals that consist of binary ones and zeros and exhibit a box-like, discrete form. The graph indicating the discrepancy between the transmitted and received signal amplitudes suggests that information is transferred using a signal that can vary in amplitude, which aligns with the nature of analog signals. Transferring information using this type of signal requires more power than digital signals because analog must handle a wider amplitude and frequency range. Nevertheless, digital signals are preferred in modern communication devices such as cell phones and computers because they maintain quality over time, require less power, and provide enhanced security through encryption.