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This lesson discusses evaluating logs using the change of base formula. For example, log base 2 of 16 is equal to 4. The change of base formula is log base a of b = log b / log a, allowing you to change the base to any new value like 5, 8, or 12. The formula will still work as long as both bases are the same. By using this formula to evaluate log base 2 of 16, you can input log 16 / log 2 into your calculator to obtain the answer of 4, regardless of the new base used.