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This tutorial demonstrates how to use PowerShell's `Replace` method and operator for string manipulation, specifically in PowerShell 7. It begins with a basic string, "hello, world," assigned to a variable. The simplest use of the `Replace` method replaces "hello" with "hi" by using `string.Replace("hello", "hi")`, resulting in "hi, world." Notably, the tutorial points out that the string doesn't need to be stored in a variable; the `Replace` method can be called directly on a string. The same replacement is shown without variable assignment, yielding "hi, world" directly.