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In this Excel tutorial (Metric Number 643), the presenter discusses how to create a data set that pulls values into a specific column based on the content of another column. For example, to retrieve values like 150 and 90 when "power" is indicated. The user is shown how to ensure that changes dynamically update the references. The tutorial emphasizes the importance of labels for clarity, demonstrating how to build a concatenation label. This involves using the ampersand symbol to combine the cell content with additional text, creating a clear label that reads: "power [value] amount." This method improves understanding of the data in the spreadsheet.