[python] Creating a new column based on if-elif-else condition

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Lets say above one is your original dataframe and you want to add a new column 'old'

If age greater than 50 then we consider as older=yes otherwise False

step 1: Get the indexes of rows whose age greater than 50

row_indexes=df[df['age']>=50].index

step 2: Using .loc we can assign a new value to column

df.loc[row_indexes,'elderly']="yes"

same for age below less than 50

row_indexes=df[df['age']<50].index

df[row_indexes,'elderly']="no"

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