Psychrometry is the study of air and water vapor mixtures, specifically their physical and thermal properties. It describes seven key characteristics: dry bulb temperature, humidity ratio, relative humidity, enthalpy, dew point temperature, wet bulb temperature, and specific volume. Evaporative cooling works by maximizing contact between added moisture and air, causing the air temperature to decrease as water evaporates. This principle applies even in humid conditions since hotter air can hold more water vapor. Knowing two of the seven psychrometric variables allows determining the others using a psychrometric chart.