Final answer:
An inverse is a mathematical operation that undoes another operation. The inverse of the statement 'If you are reading, then you are smart' is 'If you are not smart, then you are not reading'.
Step-by-step explanation:
An inverse is a mathematical operation that undoes another operation. In the context of logical statements like the one given, the inverse of a statement 'P -> Q' is 'not P -> not Q'. The given statement 'If you are reading, then you are smart' can be rephrased as 'If you are not smart, then you are not reading' to represent its inverse.