In Kassel's book on Quantum groups, it is defined that:
"We define $U_q=U_q(\mathfrak{sl}(2) )$ as the algebra generated by the four variables $E$, $F$, $K$, $K^{-1}$ with the relations \begin{eqnarray*} &&KK^{-1}=K^{-1}K=1\\ &&KEK^{-1}=q^2 E,\ KFK^{-1}=q^{-2} F\\ and &&[E,F]=\frac{K-K^{-1}}{q-q^{-1}} \end{eqnarray*}"
May I ask if there is a way of understanding what are E, F, K and $K^{-1}$? Are there matrix representations of them or anything like that?
Sincere thanks for any help.