The ternary operator in Python is represented by the symbol "?:". It is used to write conditional expressions in a more concise way than the traditional if-else statement. The syntax of the ternary operator is: ```python result if condition else alternative_result ``` Here, "result" is the value that is returned if the condition is True, and "alternative_result" is the value returned if the condition is False. Example: ```python x = 5 y = "even" if x % 2 == 0 else "odd" print(y) ``` Output: ``` odd ``` In this example, the value of "x" is 5, which is odd. The ternary operator is used to assign the value "even" to "y" if "x" is divisible by 2, and "odd" otherwise. Since "x" is not divisible by 2, "y" is assigned the value "odd".

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