How does the use of numpy arrays affect your memory consumption?

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When you're delving into data science, you'll quickly encounter numpy arrays. They're a core feature of the Python Numpy library, which is widely used for numerical computing. Numpy arrays are different from regular Python lists. They're designed to handle large data sets efficiently and with less memory. This is because numpy arrays store data in a contiguous block of memory, unlike lists, which store pointers to disparate memory locations. This structure means operations can be executed on entire arrays at once rather than element by element, which not only saves memory but also improves performance.

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