Final answer:
A 2 by 2 matrix can be represented as [[a, b], [c, d]]. The inverse of a matrix exists if the determinant (ad - bc) is non-zero. To find the inverse, swap elements a and d, negate b and c, and then divide each element by the determinant.
Step-by-step explanation:
An example of a 2 by 2 matrix is:
\[ A = \begin{bmatrix} a & b \\ c & d \end{bmatrix} \]
To find the inverse of this matrix, denoted as \( A^{-1} \), you should follow these steps:
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 - Calculate the determinant of matrix A, which is \( ad - bc \).
 
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 - If the determinant is not zero, you can proceed. The matrix has an inverse if and only if its determinant is non-zero.
 
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 - Swap the elements \( a \) and \( d \).
 
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 - Change the signs of \( b \) and \( c \).
 
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 - Divide each term of the resulting matrix by the determinant.
 
The inverse is thus given by:
\[ A^{-1} = \frac{1}{{ad - bc}} \begin{bmatrix} d & -b \\ -c & a \end{bmatrix} \]
A matrix does not have an inverse if its determinant is zero because it would mean there is no scalar you can multiply the matrix by to get the identity matrix.