Significane of Flags used in input data with respect to algorithm

What is the importance of flags ( ) with respect to the algorithm?
What are the possible flag values?

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These are only used when you are reading from a CSV file into NuPIC, notably during swarming. You can see example values of flags in the wiki you linked.

If you have more specific questions, I’m happy to help, otherwise I’d just be copy / pasting from the wiki.