Wavelet analysis is a way of breaking down information into smaller sections so that the information can be more easily examined. It's like cutting a pizza into smaller slices so you can look at the different toppings, and see which ones you like best. Wavelet analysis lets us look at different parts of a signal, and helps us understand how the signal behaves over time. It's like looking at a picture made up of thousands of little dots, and seeing how each one affects the overall picture.