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This lesson discusses evaluating logs using the change of base formula. The formula is log base a of b = log b / log a, allowing the base to be changed to any new base (c). As long as the bases match, the equation will work. For example, log base 2 of 16 can be calculated as log 16 / log 2, where the calculator automatically converts it to base 10. This method ensures the correct answer regardless of the new base used.