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In this tutorial, Kevin from Microsoft demonstrates how to create drop-down lists in Microsoft Excel. He explains that drop-down lists are useful for ensuring users can only select from specific values when filling out a spreadsheet. Kevin promises a step-by-step guide to setting up these lists, making it easy for users to implement this feature. He notes that he is using the latest version of Excel included in Office 365 but mentions that drop-down lists have been available in earlier versions as well. The video aims to empower users to facilitate data entry and maintain control over the values entered in their spreadsheets.