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In this Trump Excel tutorial, the presenter explains how to insert and use radio buttons in Excel. To access the Developer tab, users should right-click on the ribbon, select "Customize the Ribbon," and check the Developer option in the Excel options dialog box. Once the Developer tab is visible, users can insert a radio button by clicking on the tab, going to the "Insert" option within controls, and selecting the "Option Button." This allows users to click anywhere on the worksheet to place the radio button. The inserted button will have a selectable circle and default text labeled "Option Button 1."