Correct the code snippet formatting, fix any grammar or spelling errors, and ensure it makes sense as a coherent programming task.

```python
var = 7
while var > 0:
print('Current variable value:', var)
var = var - 1
if var == 3:
break
elif var == 6:
var = var - 1
continue
print("Goodbye!")
```



Answer :

Alright, let's analyze the given code step-by-step.

1. Initialize the Variable:
- Start with `var` set to 7.

2. Start of the Loop:
- The condition for the while loop is `var > 0`. Since `var` is 7, it is greater than 0, so we enter the while loop.

3. First Iteration:
- Print "Current variable value: 7".
- Decrease `var` by 1. Now `var` is 6.
- Check if `var` is equal to 3. It is not, so continue.
- Check if `var` is equal to 6. It is, so decrease `var` by 1 again, making `var` equal to 5, then proceed to the next iteration.

4. Second Iteration:
- Print "Current variable value: 5".
- Decrease `var` by 1. Now `var` is 4.
- Check if `var` is equal to 3. It is not, so continue.
- Check if `var` is equal to 6. It is not, so proceed.
- Print "Good bye!".

5. Third Iteration:
- Print "Current variable value: 4".
- Decrease `var` by 1. Now `var` is 3.
- Check if `var` is equal to 3. It is, so we break the loop.

6. Exit Loop:
- The loop breaks when `var` equals 3, so no further iterations occur.

The sequence of printed values:
1. "Current variable value: 7"
2. "Current variable value: 5"
3. "Good bye!"
4. "Current variable value: 4"

These statements indicate the logic flow and resultant values at each important step of the loop until the loop terminates.