The statement "X Equals 3" is a simple mathematical equation indicating that the variable X has a value of 3. In algebra, variables like X are used to represent unknown values, and this equation specifies that X is equal to a specific number, which in this case is 3. This equation can be used in various mathematical contexts, such as solving problems or creating functions. For example, if you have an equation like 2X + 1 = 7, knowing that X equals 3 helps you solve for other variables or understand relationships between numbers.