Solve for y
y=\frac{x^{2}-1}{x^{2}+1}
Solve for x
x=\sqrt{\frac{y+1}{1-y}}
x=-\sqrt{\frac{y+1}{1-y}}\text{, }y\geq -1\text{ and }y<1
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x^{2}-1=y\left(x^{2}+1\right)
Multiply both sides of the equation by x^{2}+1.
x^{2}-1=yx^{2}+y
Use the distributive property to multiply y by x^{2}+1.
yx^{2}+y=x^{2}-1
Swap sides so that all variable terms are on the left hand side.
\left(x^{2}+1\right)y=x^{2}-1
Combine all terms containing y.
\frac{\left(x^{2}+1\right)y}{x^{2}+1}=\frac{x^{2}-1}{x^{2}+1}
Divide both sides by x^{2}+1.
y=\frac{x^{2}-1}{x^{2}+1}
Dividing by x^{2}+1 undoes the multiplication by x^{2}+1.
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