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In this tutorial, Kevin from Microsoft explains how to create drop-down lists in Microsoft Excel. He discloses that he is a full-time employee at Microsoft before showing step-by-step instructions on setting up the drop-down list. The purpose of creating a drop-down list is to limit input options for other users filling out the spreadsheet. This feature ensures that users select specific values from a predetermined list, making data entry more efficient. Drop-down lists have been available in Microsoft Excel for a long time and are easy to set up.