group data into bins python code example

Example 1: difference between cut and qcut pandas

df['ext price'].value_counts(bins=4, sort=False)

#res
(55603.988000000005, 87998.212]     5
(87998.212, 120263.375]            12
(120263.375, 152528.538]            2
(152528.538, 184793.7]              1
Name: ext price, dtype: int64

Example 2: pd.cut in pandas

>>> pd.qcut(range(5), 3, labels=["good", "medium", "bad"])
... 
[good, good, medium, bad, bad]
Categories (3, object): [good < medium < bad]