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xlsread is a MATLAB function used to read data from Excel files (.xls and .xlsx formats). It allows users to import numeric data, text, and mixed data from specified sheets or ranges within the Excel file. The function returns the data in an array, along with optional outputs for text and raw data, making it useful for data analysis and manipulation within MATLAB. However, as of recent versions, it is recommended to use readtable or readmatrix for improved functionality and compatibility.

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