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In this Excel tutorial, the instructor demonstrates how to hide formulas to prevent others from viewing them. To start, select the entire worksheet and navigate to Format > Format Cells. In the Protection tab, uncheck the 'Locked' option and click OK. Next, select all cells containing formulas by going to the Home tab, choosing Find and Select, then Go To Special, and selecting Formulas. After the formulas are selected, format these cells again by going to Home > Format > Format Cells. This process ensures that when someone clicks on these cells, the formula will not be displayed.