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In this lesson, we will explore Excel's time series capabilities by analyzing the loss in retail sales during 2020 due to the pandemic. The necessary data is available via a link in the description. We will start by accessing retail and food services sales data, which involves navigating to the monthly retail sales section and downloading the relevant file. Upon opening the downloaded file, we will find the adjusted total for retail and food services, displaying 12 months of data, though not all of it for 2020. Our objective will be to create a table summarizing the monthly totals for that year.