This visual execution shows how to use custom tick formatters in matplotlib. First, we create a plot with points. Then, we define a lambda function that formats tick values by multiplying by 10 and adding a percent sign. We apply this function to the x-axis ticks. The execution table traces each step, showing how the formatter changes tick labels from numbers to strings like '0%', '10%', and '20%'. The variable tracker follows key variables like the figure, axes, ticks, and formatted labels. Key moments clarify why a function is used, the meaning of the underscore parameter, and how labels change. The quiz tests understanding of the formatted labels and application steps. The snapshot summarizes how to use custom tick formatters for flexible axis labels.