- The tutorial is about data analytics using Excel, specifically focusing on the XLOOKUP function.
- The XLOOKUP function is being used with the "true" argument, which corresponds to an approximate match. This is suitable for scenarios where the data is not an exact match but falls within certain ranges.
- The tutorial highlights that the VLOOKUP function is available only in Office 365 and above, and if not available, an alternative approach using INDEX and MATCH functions is demonstrated.
- The tutorial emphasizes the importance of sorting data in ascending order for the "true" match condition to work properly. If data is not sorted, it may lead to incorrect results.
- A specific example is discussed where the XLOOKUP function is used to handle cases where the lookup value is not found, particularly for values greater than 10,000, and a default percentage (30%) is assigned in such cases.

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