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In this tutorial, Justin Conway, a Microsoft Excel expert, explains how to remove a drop-down box from an Excel sheet while retaining the current value in the cell. He demonstrates selecting the cell with the drop-down, accessing Data Validation, and changing the setting from "List" to "Any Value." This allows the existing value (e.g., "apples") to remain while eliminating the drop-down feature. He notes that this method can be applied to multiple cells if needed. Additionally, he mentions the option to remove all data by right-clicking or using commands for Mac users.