Hypothesis formulation is a critical step in the scientific method, where researchers create a testable statement based on observations and existing knowledge. This statement, known as a hypothesis, serves as a foundation for further investigation and experimentation. A well-formulated hypothesis should be clear, concise, and specific, allowing researchers to design experiments that can either support or refute it. This process not only guides the research but also helps in drawing meaningful conclusions that contribute to the broader field of science and knowledge advancement.