Dimensional analysis is a technique for simplifying physical problems by reducing the number of variables. It is useful for presenting experimental data, solving problems without exact theories, checking equations, and establishing relative importance of phenomena. Dimensional analysis refers to the physical nature and units of quantities. It can be used to develop equations for fluid phenomena, convert between unit systems, and reduce variables in experiments. Two common methods are Rayleigh's method, which determines expressions involving a maximum of four variables, and Buckingham's π-method, which arranges variables into dimensionless groups. Dimensional analysis provides a partial solution and requires understanding the relevant phenomena.