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In this tutorial, the presenter demonstrates how to quickly change formulas and formatting in a spreadsheet using the find and replace feature. The example provided illustrates a spreadsheet utilizing averages and multiplication, culminating in a total of 50. The presenter shows how to modify the formulas, specifically changing an average to a random number selection between one and nine. To do this, the viewer is instructed to switch to formula view by pressing Control + Tilde (the key next to the number 1), which allows access to the find and replace function with the shortcut Control + H. The summary highlights the technique for adjusting formulas efficiently in a spreadsheet.
