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Microsoft Forms allows you to easily collect data through customizable fillable forms, ideal for surveys or gathering feedback. You can manage the collected data in Excel, analyze it, and share results with your audience. The tutorial will guide you in creating forms that include features such as drop-downs, multiple choice options, calendar dates, number checks, and star ratings, all without any programming or additional tools, just using a Microsoft 365 account. The video is sponsored by Grid, a tool that transforms spreadsheets into interactive web documents for secure online sharing. Stay tuned for more information about Grid at the end of the video.