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In this tutorial on Conditional Formatting in Excel, the presenter explains how to use formulas to format cells based on the values of other cells. An example is provided with names and yearly salaries, where the goal is to format rows based on whether the salary meets a specific threshold. The tutorial will demonstrate two approaches: highlighting only the salary values and highlighting the entire rows where the condition is met. To achieve this, the presenter emphasizes the use of Conditional Formatting, starting with selecting the desired range for formatting and accessing the Conditional Formatting options.