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The tutorial in Excel explains the four types of data that can be entered into a spreadsheet: labels, numbers, dates, and formulas. Labels consist of text, numbers, and special characters aligned to the left of the cell by default. Numbers are numerical values that can be entered, including decimals and negative numbers. Dates are entered in a recognizable date format. Formulas are used for calculations within the spreadsheet. Excel is a versatile program used in various aspects of life for data organization and analysis.