We know that we can apply EROs to any augmented matrix into REF.

Suppose the system has $n$ equations and $m$ variables, and let $k$ be the number of non-zero rows in REF. Also suppose the system is consistent: then the REF has no row of the form $[0~0~0~\dots~1]$.

What does this tell us about the set of solutions? For example, how many solutions are there?

Observation 1: free variables and the number of solutions

For consistent systems, this shows that:

Observation 2: systems with fewer equations than variables

For consistent systems where $n<m$ (fewer equations than variables):