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In this Excel tutorial, viewers learn how to hide formulas to prevent others from seeing them. The process begins by selecting the entire worksheet and navigating to Format, then Format Cells, and accessing the Protection tab to uncheck the "Locked" option. After confirming changes, go to the Home tab, click on Find and Select, and choose Go To Special to select all cells with formulas. Finally, the selected cells are formatted once more in the Format Cells menu. This step ensures that when users click on the cells containing formulas, the formulas are hidden from view.