This was adapted from Quantum Mechanichs for Computer Scientists. On this equation, we have $I$ representing the identity operator, with $Z$ being defined for 1 bit as:
$$ Z|0⟩ = |0⟩, \quad Z|1⟩ = -|1⟩\,.$$
The operation $\frac 12{(I+Z_1Z_0)}$ acts as the identity for the two-bit states $|00⟩$ and $|11⟩$ while returning $0$ for the states $|01\rangle$ or $|10\rangle$.
I'm assuming the operator addition is the linear algebra definition, but I can't understand the $\frac 12$ fraction and its effect on the operation.
Could you point me to what concept I am missing, so I can derive the resulting states of this operation?