Variable assignment in Python refers to changing or updating the value stored in a variable after its initialization. Continuing with our example:
```python
my_value = 0
```
Initially, `my_value` was 99, but here it gets updated to 0. This new value replaces the old one, demonstrating how assignment works.
Here are some important points about variable assignment:
- Operators like `=` are used to assign values.
- Values or expressions on the right are assigned to the variable on the left.
- Variables can store different types of data, like integers, strings, or lists.
In our script, even though `my_value` was initialized to 99 initially, the final assignment determines what value `my_value` will eventually hold, which is crucial for predicting program behavior.