How does time complexity impact the performance of Python scripts?
When you're crafting Python scripts for data science tasks, you might notice that some take longer to execute than others. This variance in execution time can often be traced back to time complexity, a theoretical concept that measures how the runtime of an algorithm scales with the size of its input data. Understanding time complexity is crucial because it helps predict how algorithms will perform as datasets grow, ensuring that your code remains efficient and scalable. It's a fundamental aspect of algorithm design and analysis, which directly impacts the performance and usability of your Python scripts.