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In this video tutorial, Dr. Habersham covers the "Apply Your Knowledge" exercise from page 318 of the CIS 130 course at the American College of Technology. He emphasizes the importance of having the correct data file, specifically the "apply beauty organically" database from chapter four, which was shared during the live lecture. Dr. Habersham begins with step one, instructing viewers to open the sales rep table in design view, while closing the customer table. He reviews the existing fields in the table, which include sales rep number and commission rate, and prepares to add new fields such as phone number and eligibility.