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In this video tutorial, "Exploring Excel," Amantha demonstrates how to hide field settings that appear in a pivot table or chart report. She explains the pivot table field feature, which is utilized when working with extensive data—specifically, a dataset containing over one thousand rows. When clicking on a cell within the pivot table, users can access the pivot table field options to modify settings like rows, columns, and sums. However, some users may prefer not to display the pivot table field list, especially when creating a pivot chart. The tutorial covers inserting a pivot chart and configuring its settings for better data visualization.