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In this tutorial on ASP.NET chart control, the instructor demonstrates how to bind an XML file containing student data to the chart control. The steps involved include creating an ASP.NET web application project, adding the chart control, and an XML file named students.xml. The XML file includes student IDs, names, and total marks. The data set object from the System.Data namespace is used to bind the XML data to the chart control in the code-behind file.