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In this tutorial, the presenter demonstrates how to extract a specific text string from larger text in another cell, using a set of four addresses as examples. The focus is on efficiently retrieving parts of an address, such as the number, street name, and road type (e.g., Drive, Street, Road) from a larger list. The extraction process shown relies on consistent spacing across all entries, meaning that it will only work if the address format is uniform. The tutorial will cover how to extract text based on the spacing, specifically obtaining segments between designated spaces in the address format.