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Default Unique count formula

Would someone please explain to me how this formula works?

=SUMPRODUCT(($A$2:$A100=1)/COUNTIF($B$2:$B$100,$B$2:$B$100))

Regions are in columns A, and Social Security Numbers are in column B

This formula returns the unique number of SSN's in a given region (in this
case, region 1).

Thanks in advance
Daniel
 
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