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In this tutorial, the speaker demonstrates how to reduce the file size of an Excel document from 16.4 MB to less than 50 KB. They emphasize the importance of having a tabular format with rows and columns that do not contain blank spaces. The example file used contains data related to series, reference period, data values, and status. The first step is to save the CSV file as an Excel file by using the "Save As" function. By changing the format to Excel, the file size decreases to 3.18 MB.
