Matrix inversion is the process of finding a matrix that, when multiplied with a given square matrix, results in the identity matrix. This concept is crucial for solving linear equations, as it allows for the representation of solutions in a more manageable form. The inverse can only be found for non-singular matrices, which means they must have a non-zero determinant. Understanding matrix inversion plays a significant role in various applications, including economic and social science modeling where systems of equations are frequently analyzed.
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