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This video tutorial describes common notation used to talk about sets. A set is defined as a collection of elements, often numbers. The notation uses curly braces to enclose the elements of the set, with a name for the set preceding the braces. For example, a set can be represented as {4, 5, 6} to indicate three elements - 4, 5, and 6. While this simplistic view of sets may not align with formal logic, it serves our purpose of understanding sets effectively.