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In this video by Trump Excel, the presenter demonstrates how to insert and use radio buttons (option buttons) in Excel. To access the Developer tab, users should right-click on the ribbon, choose "Customize the Ribbon," and ensure the Developer option is checked. Once the Developer tab is visible, users can insert a radio button by selecting the "Insert" option within the Controls group, then choosing the option button. To place the button in the worksheet, simply click on the desired location. This action creates a circle for selection along with a label that defaults to "Option Button 1."