Please explain how this circuit works also voltages and purpose nulate Tragsfer Toos Reports Options

Please explain how this circuit works also voltages and purpose nulate Tragsfer Toos Reports Options Window Help 11 Interactive XSci T1 D1 1N4001G 120Vrms RL 100? V(pp): 20.3 v V(ms): 10.1 V Vido): 8.38 V V(freq): 80.0 Hz

 

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