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In this video tutorial, the presenter demonstrates how to use Excel functions to deliver or return logarithms of numbers. They show how to use the log10 function to return the base 10 logarithm of a number and the LG function to return the logarithm of a number to a specified base. The process involves inputting the formulas, selecting the appropriate cells, and adjusting any necessary arguments. This allows for easy calculation and analysis of logarithmic values in Excel.