1) Bernoulli's equation states that for steady flow in an inviscid fluid, the total mechanical energy per unit weight remains constant along a streamline. This includes potential energy, kinetic energy, and pressure energy.
2) It summarizes that an applied force equals the rate of change of mechanical energy, and derives the one-dimensional Euler and Bernoulli equations from conservation of energy and momentum principles.
3) The document provides examples of applying Bernoulli's equation to problems involving pipe flow and nozzle discharge to determine quantities like jet velocity and suction pressure.