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Kevin from Microsoft demonstrates how to create drop-down lists in Microsoft Excel. He explains the purpose of drop-down lists and the benefits of using them in a spreadsheet. Kevin then provides a step-by-step tutorial on how to set up drop-down lists in Excel. He emphasizes that it is an easy process and encourages viewers to follow along on their own computer. Drop-down lists have been a feature in Excel for a long time and are useful for ensuring data accuracy when others fill out the spreadsheet.