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In this Excel tutorial, the presenter explains how to hide formulas in a worksheet. To begin, select the entire worksheet and access the "Format Cells" option. In the "Protection" tab, uncheck the "Locked" option and confirm with OK. Next, select all cells containing formulas by going to the "Home" tab, clicking on "Find and Select," and choosing "Go To Special," then selecting "Formulas." Once all formula cells are highlighted, navigate back to "Format Cells" to apply the necessary formatting to effectively hide the formulas. This process ensures that when a cell is clicked, the formula remains hidden from view.