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In the video, a low cut is shown to be helpful when copying formulas with changing cell references. It is not about fully fixing cell references with a dollar sign, but about handling a mix of relative and absolute referencing in formulas. While normally you want relative references to update when copied, there are cases where you don't want that to happen. The video demonstrates a trick to handle this efficiently, especially when dealing with multiple cells with different relative referencing. The tutorial uses a sample dataset with numbers and formulas to illustrate the concept.
