Given
\[
M = I_n - \frac{1}{n}\mathbf{1}\mathbf{1}^T
\]
where
\[
\mathbf{1} = (1,1,\dots,1)^T \in \mathbb{R}^n
\]
Method 1: Intution based (Take n = 2)
Let n = 2.
\[
\mathbf{1} =
\begin{pmatrix}
1 \\
1
\end{pmatrix}
\]
\[
\mathbf{1}\mathbf{1}^T =
\begin{pmatrix}
1 & 1 \\
1 & 1
\end{pmatrix}
\]
\[
I_2 =
\begin{pmatrix}
1 & 0 \\
0 & 1
\end{pmatrix}
\]
\[
M = I_2 - \frac{1}{2}
\begin{pmatrix}
1 & 1 \\
1 & 1
\end{pmatrix}
=
\begin{pmatrix}
\frac12 & -\frac12 \\
-\frac12 & \frac12
\end{pmatrix}
\]
Clearly \( M^T = M \).
Now compute \( M^2 \):
\[
M^2 =
\begin{pmatrix}
\frac12 & -\frac12 \\
-\frac12 & \frac12
\end{pmatrix}
\begin{pmatrix}
\frac12 & -\frac12 \\
-\frac12 & \frac12
\end{pmatrix}
=
\begin{pmatrix}
\frac12 & -\frac12 \\
-\frac12 & \frac12
\end{pmatrix}
= M
\]
Trace:
\[
\text{Trace}(M) = \frac12 + \frac12 = 1 = 2 - 1
\]
This suggests that in general \( \text{Trace}(M) = n - 1 \).
From this example we observe that (A) and (D) appear true, while (B) and (C) appear false.
This method builds intuition.
Method 2: General approach (time consuming)
(A) Symmetry:
\[
M^T = I_n^T - \frac{1}{n}(\mathbf{1}\mathbf{1}^T)^T
= I_n - \frac{1}{n}\mathbf{1}\mathbf{1}^T
= M
\]
Hence (A) is true.
(B) Compute \( M^2 \):
\[
M^2 = \left(I_n - \frac{1}{n}\mathbf{1}\mathbf{1}^T\right)^2
\]
\[
= I_n - \frac{2}{n}\mathbf{1}\mathbf{1}^T
+ \frac{1}{n^2}(\mathbf{1}\mathbf{1}^T)(\mathbf{1}\mathbf{1}^T)
\]
Since
\[
(\mathbf{1}\mathbf{1}^T)(\mathbf{1}\mathbf{1}^T)
= \mathbf{1}(\mathbf{1}^T\mathbf{1})\mathbf{1}^T
\]
and
\[
\mathbf{1}^T\mathbf{1} = n
\]
we obtain
\[
M^2 =
I_n - \frac{2}{n}\mathbf{1}\mathbf{1}^T
+ \frac{1}{n}\mathbf{1}\mathbf{1}^T
= I_n - \frac{1}{n}\mathbf{1}\mathbf{1}^T
= M
\]
Thus (B) is false.
(C) Trace:
\[
\text{Trace}(M)
= \text{Trace}(I_n)
- \frac{1}{n}\text{Trace}(\mathbf{1}\mathbf{1}^T)
\]
\[
= n - \frac{1}{n}(n)
= n - 1
\]
Hence (C) is false.
(D) Since
\[
M^T = M
\quad \text{and} \quad
M^2 = M
\]
M is a projection matrix.
Final Answer:
\[
\boxed{(A) \text{ and } (D)}
\]