How to create a Virtual Machine in VirtualBox

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VM Name and OS Properties

Once you hit next, you will be prompted to enter a name of your choice for your virtual machine, along with the information for the operating system you wish to virtualize.
You will also have to designate the amount of memory (RAM) you want to the virtual machine to use.
Ensure that you allocate an appropriate amount based on the requirements of the operating system and applications you intend to run.

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