I know very little about tensors. I am trying understand if the following expression would make $$x^a=L^a_{\;b} M^{bc}\hat{x}_c.$$ Einstein summation convention applies.
So here is what I think I understood:
$x^a$ is the $a$-th component of vector $x$ expressed in some basis $B$.
$\hat{x}_c$ is the $c$-th component of a covector $\hat{x}$ expressed in a basis $B_2$.
$L_b^a$ is the entry in position (a,b) of a matrix that represents a linear mapping $L$ using a basis $B_3$.
So It must be that $M$ takes a covector and outputs a vector. Because $L$ can only take vectors.
So as vectors $x=L(M\hat{x}).$
Can you give me an intuitive understanding of what $M$ can be?
In special relativity, the special case where $L^a_{\;b}$ is a Lorentz transformation allows us to relate two coordinate systems' representation of the same vector, viz. $x^a=L^a_{\;b} x'^b$. This coincides with your equation provided $x'^b=M^{bc}\hat{x}_c$, as happens e.g. with $\hat{x}$ the index-lowered equivalent of $x'$ and $M^{bc}$ the index-raising metric tensor $g^{bc}$, viz. $g^{bc}g_{cd}=\delta^b_d$ with $g_{cd}$ the index-lowering tensor.
We typically adopt the notation $y_d=g_{bd}y^b$. Thanks to the above analysis, we know that if instead $\hat{x}_c=Q_c^{\;d}x'_d$ for some linear $Q$, equating two expressions for $x^a$ gives $L^a_{\;b} x'^b=M^{bc}Q_c^{\;d}x'_d$, i.e. $M^{bc}Q_c^{\;d}=g^{bd}$. In matrix terms $MQ=g^{-1}$, since we typically use the "matrix" $g$ to denote the index-lowering tensor. Thus $M=g^{-1}Q^{-1}$ provided $Q$ is invertible. This expands the set of legal choices for $M$ to all invertible matrices. For that matter, $(LM)^{ac}=L^a_{\;b}M^{bc}$ can be any invertible matrix too, if $L$ is invertible.