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A conditional statement in JavaScript, specifically the "if" statement, is used to test if a condition is true and then run code accordingly. The syntax for an "if" statement involves placing the condition within parentheses after the word "if." If the condition is true, the code below it will be executed, but if it is false, the code will be skipped. An example is provided, showing how to work with specific code and events within a form field by testing the value of the field using the "event target" variable.
