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In this Excel tutorial, the presenter explains how to hide formulas in a worksheet. First, select the entire worksheet and navigate to Format > Format Cells. In the Protection tab, uncheck the "Locked" option and click OK. Next, to select all cells containing formulas, go to the Home tab, click on Find and Select, then choose Go To Special, selecting "Formulas." Once the formula cells are highlighted, return to Format > Format Cells to complete the process. This technique ensures that when someone clicks on a cell with a formula, the formula remains hidden, enhancing privacy in the worksheet.