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This tutorial demonstrates how to use option buttons with formulas to control various aspects of a worksheet. The speaker shows how to add and group option buttons, such as selecting apple, orange, or pear, with corresponding messages. By utilizing this formula, you can manipulate different elements on the worksheet, including conditional formatting. The framework for setting up these option buttons is outlined, with credit to Wayne for the tip. The video provides a downloadable file for following along and encourages viewers to like, subscribe, and turn on notifications for future tutorials.