A conjugacy class is a set of elements in a group that can be transformed into one another through conjugation by other elements of the group. This means that if you have an element 'g' in the group, then all elements of the form 'hgh^{-1}' for some 'h' in the group belong to the same conjugacy class as 'g'. Conjugacy classes play a crucial role in understanding the structure of groups and are essential in the study of representation theory, especially when analyzing characters and their properties.
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