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This video tutorial demonstrates how to edit text in Microsoft Word, focusing on functions such as cut, copy, paste, undo, redo, and find and replace. The narrator provides step-by-step instructions and shortcuts for performing these functions, explaining how to create and manipulate text in the document. The process begins with writing a formula in Word, generating text based on specified parameters. The narrator then demonstrates how to cut text by selecting specific lines and utilizing the cut function in the toolbar.