How To Configure OSPF Cost

How does OSPF select the best path for your network? How does OSPF calculate a link's cost? How do you change the reference bandwidth within the OSPF interface?
Learn the answers to these questions and more in this video.
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[@slightlyambitious]

It seems odd that Cisco hasn't updated the default reference bandwidth in its software. Just seems like extra hoops to jump through for no reason.