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In this video tutorial, the presenter demonstrates how to calculate percentage change in a pivot table and utilize conditional formatting for visual indicators. They address a common misconception about representing a change from 0 to another number as a 100% increase, explaining that this is mathematically incorrect, despite intuitive feelings suggesting otherwise. The tutorial showcases sales data by month for a new business that started in January 2021, highlighting the absence of prior data for that month. The presenter begins by inserting a pivot table on a designated sheet, aiming to analyze sales by month, and undoes automatic grouping of data to proceed with the analysis.