How does Alexa calculate traffic rank?

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Tags

1. #reach
2. #months
3. #lower
4. #historical
5. #which
6. #aggregated
7. #alexa
8. #millions
9. #users
10. #number
11. #views
12. #ranking
13. #aggregate
14. #traffic
15. #better
16. #based
17. #combined
18. #three
19. #measure
20. #toolbar