I recently Started the Unreal Engine 5 Course and in the videos, it is showing the Starter content & Raytracing options when creating a project, however when I load unreal and try to create a project I do not see those options. Did I miss something when watching the setup videos?
The starter content can be added in via the engine. I your project there is an add button in the content drawer. From this select Add content or features and in the content you can select the starter content.
Ray tracing was moved to the project settings so you can toggle from there.