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Caroline Patton demonstrates how to do peer editing and review in Microsoft Word to track changes made as a proofreader or teacher. This method reduces printing costs and allows for easy emailing of papers. By using this digital method, students can peer edit and share their work without the need for physical copies. Patton emphasizes the importance of minimizing paper waste while promoting efficient proofreading practices. There are two ways to access the proofreading format in Microsoft Word.