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To transfer a formula from one worksheet to another by using a cell reference, follow these steps:

1. Open both the worksheets that you want to use.
2. In the worksheet where you want to place the formula, select the cell where you want the result to appear.
3. Type the "=" sign to start the formula.
4. Switch to the worksheet that contains the source data and select the cell that contains the formula you want to copy.
5. While holding down the Ctrl key, click and drag the cell handle (the small black box in the bottom right corner of the selected cell) to the cell where you want to place the formula. This will copy the formula to the new location.
6. Release the mouse button and the Ctrl key to complete the copy operation.
7. Check the formula in the new location to make sure it references the correct cells in the new worksheet.
8. If necessary, adjust the cell references in the formula to match the new worksheet.

Note: When referencing cells in a different worksheet, you need to specify the worksheet name in the cell reference. For example, if the source data is in a worksheet called "Data" and the cell you want to reference is in column A, row 1, you would write "=Data!A1" in the target worksheet.