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In this tutorial, Kevin demonstrates how to create drop-down lists in Microsoft Excel. He explains that drop-down lists help ensure users select from specific values when filling out a spreadsheet, making data entry more consistent and accurate. Kevin, a full-time Microsoft employee, emphasizes that setting up these lists is straightforward and plans to guide viewers through the process step by step. He notes that he is using the latest version of Excel that comes with Office 365, while also acknowledging that the feature has been available in earlier versions as well.