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In this video tutorial by Trump Excel, the presenter demonstrates how to insert and use radio buttons (option buttons) in Excel. To access the Developer tab, users need to right-click any ribbon option, select "customize the ribbon," and ensure the Developer option is checked. Once the Developer tab is visible, the user can go to the "Insert" option within the Controls section and select the option button. Clicking anywhere on the worksheet will insert the radio button, displaying a selectable circle and default label "option button 1." The tutorial aims to guide viewers through the process of incorporating radio buttons into their Excel worksheets.