Outlook Productivity: calendar, rules and tasks

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I'm learning "Outlook Productivity: calendar, rules and tasks" on The Future Market. Lesson 1: "Calendar events and meetings that work".

What the lesson teaches:
- Menus differ between new Outlook for Windows, classic Outlook, Outlook on the web and Outlook for Mac. The steps below are for new Outlook for Windows; check your version if they do not match.
- Open the calendar and select New Event. Enter a title, then select Invite attendees and type names or email addresses.
- With a work or school account, the Scheduling Assistant tab shows each person's free and busy times. Use Add required attendee or Add optional attendee.
- Choose a suggested time slot, or enter a date and start and end times, or turn on All day. Enter a location and turn the Teams meeting toggle on or off.
- To repeat an event, select Recurring, choose an interval and select Save. Select Send to deliver the invitation.
- The Scheduling Assistant generally needs a Microsoft 365 or Exchange account (a work or school account).

The exercise I'm working on:
Create a new event for a study session or team meeting next week. Invite one person (or use a second email address of your own), set it to repeat weekly, and send it.

I'm stuck. Please:
1. Explain the main idea in plain, simple words with one everyday example.
2. Walk me through the exercise one small step at a time. Ask me what I've done so far before giving the next step.
3. Don't just give me the final answer. Help me do it myself, and check my work when I share it.

I'm a parent helping my child (about 8 years old) with a lesson called "Calendar events and meetings that work" from the course "Outlook Productivity: calendar, rules and tasks".

Here's what the lesson says:
Your calendar is a map of your time. When you invite someone, Outlook can peek at their map and help you pick a time when you are both free.

The activity:
Create a new event for a study session or team meeting next week. Invite one person (or use a second email address of your own), set it to repeat weekly, and send it.

Please explain this so an 8-year-old understands: short sentences, a fun everyday example, and no hard words.
Then give me 3 simple questions I can ask my child to check they understood, and a way to do the activity together, one tiny step at a time.