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The formula palette in spreadsheet software, such as Microsoft Excel, provides users with a convenient way to create and manage formulas and functions. It offers a visual interface to select functions, input arguments, and see examples, making it easier to construct complex calculations. Additionally, the palette often includes helpful descriptions and syntax guidelines for each function, enhancing user understanding and efficiency in data analysis. Overall, it streamlines the formula creation process, especially for users who may not be familiar with all available functions.

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