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In this tutorial, Justin Conway, a Microsoft Excel expert, demonstrates how to remove a drop-down box in Excel while preserving the existing value. To keep a specific value, such as "apples," in a cell without the drop-down, he suggests going to Data Validation, changing the setting from "List" to "Any value," and selecting "OK." This retains the value in the cell while removing the drop-down feature. For broader applications, this process can be repeated for other cells with drop-downs. Additionally, he mentions an alternative method for removing data using right-click options for users on a MacBook.