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In this tutorial, the Replace function in Microsoft Excel is explained step-by-step. The tutorial begins by emphasizing that the best way to learn is through application. By using the function in cell B2, the presenter illustrates how to implement it effectively. The Replace function is designed to replace part of a text string with another text string. The first parameter required is the old text, which is the existing text from which you will replace content. The video will discuss the parameters in detail and demonstrate practical usage of the Replace function for better understanding.
