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In this tutorial, the speaker introduces how to use Excel's form controls to add interactivity to charts. These controls allow users to choose what elements to show on the chart. The speaker starts with sample data of monthly revenue and expenses, creating a chart. The form controls are located under the developer tab in Excel. Users can customize their ribbon to include the developer tab if it is not already visible. This tool enables users to easily switch between showing revenue, expenses, or both on the chart.