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The video tutorial is about normalizing and standardizing data in Microsoft Excel. Normalization involves scaling numerical values to a specified range, typically between zero and one, through multiplication. Excel 2019 does not have a built-in normalization function, so it must be done manually. It is important to differentiate between normalization and standardization, as there are functions that begin with "norm" for standardizing data.Normalization focuses on scaling values to a specific range, such as zero to one.