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In this video, the basics of spreadsheet skills are covered, including entering and formatting data, creating simple formulas, and using range functions. A spreadsheet is explained as a computerized table with vertical columns labeled with letters and horizontal rows labeled with numbers, with each point in the table called a cell. Popular spreadsheet options mentioned include Excel in Microsoft Office, Google Sheets, and free open-source options like LibreOffice Calc. This serves as an introduction to more complex topics to be covered in future videos.