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In this video, Parker explains how to display data for the previous twelve months based on a single date selection in Power BI. Typically, selecting a date filters the graph to show only that date, but Parker demonstrates a workaround to visualize the preceding twelve months of data. He shows that when a specific date is selected, the graph updates to reflect the data from that date back to the same date of the previous year. If no date is selected, the default view presents the most recent month, showing data from January 31, 2014, back to January 31, 2013. This technique allows for a more comprehensive view of the data over a year span from one selected date.