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In this video tutorial, the presenter demonstrates how to reduce the file size of an Excel document without deleting any data. The first step is to compress picture sizes by selecting the picture, going to picture format, and choosing the compress option. Different compression options are available to reduce picture sizes. An alternative method to always have compressed pictures is to go to file, click on more, options, advanced, and select discard editing data and don't compress image file. Adjusting the PPI can also help reduce file size.
