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In this Excel tutorial for beginners, the presenter demonstrates how to change the comment indicator in Microsoft Excel. Initially, the default setting displays comment indicators (red triangles) only when comments are hovered over. To modify this, users need to click on the File tab, then Options, and navigate to Advanced settings. Under the Display section, they can choose from three options: "Indicators only," "Comments and indicators," or "No comments or indicators." Selecting "Comments and indicators" will show all comments and indicators at once, while "No comments or indicators" will remove them entirely. The tutorial concludes by showing the results of these changes.