I have a Pandas dataframe with the columns ['week', 'price_per_unit', 'total_units']. I wish to create a new column called 'weighted_price' as follows: first group by 'week' and then for each week calculate price_per_unit * total_units / sum(total_units) for that week. I have code that does this:
import pandas as pd
import numpy as np
def create_features_by_group(df):
# first group data
grouped = df.groupby(['week'])
df_temp = pd.DataFrame(columns=['weighted_price'])
# run through the groups and create the weighted_price per group
for name, group in grouped:
res = (group['total_units'] * group['price_per_unit']) / np.sum(group['total_units'])
for idx in res.index:
df_temp.loc[idx] = [res[idx]]
df.join(df_temp['weighted_price'])
return df
The only problem is that this is very, very slow. Is there some faster way to do this?
I used the following code to test the function.
import pandas as pd
import numpy as np
df = pd.DataFrame(columns=['week', 'price_per_unit', 'total_units'])
for i in range(10):
df.loc[i] = [round(int(i % 3), 0) , 10 * np.random.rand(), round(10 * np.random.rand(), 0)]
I think you need to do it this way:
df
price total_units week
0 5 100 1
1 7 200 1
2 9 150 2
3 11 250 2
4 13 125 2
def fun(table):
table['measure'] = table['price'] * (table['total_units'] / table['total_units'].sum())
return table
df.groupby('week').apply(fun)
price total_units week measure
0 5 100 1 1.666667
1 7 200 1 4.666667
2 9 150 2 2.571429
3 11 250 2 5.238095
4 13 125 2 3.095238
I have grouped the dataset by 'Week' to calculate the weighted price for each week.
Then I joined the original dataset with the grouped dataset to get the result:
# importing the libraries
import pandas as pd
import numpy as np
# creating the dataset
df = {
'Week' : [1,1,1,1,2,2],
'price_per_unit' : [10,11,22,12,12,45],
'total_units' : [10,10,10,10,10,10]
}
df = pd.DataFrame(df)
df['price'] = df['price_per_unit'] * df['total_units']
# calculate the total sales and total number of units sold in each week
df_grouped_week = df.groupby(by = 'Week').agg({'price' : 'sum', 'total_units' : 'sum'}).reset_index()
# calculate the weighted price
df_grouped_week['wt_price'] = df_grouped_week['price'] / df_grouped_week['total_units']
# merging df and df_grouped_week
df_final = pd.merge(df, df_grouped_week[['Week', 'wt_price']], how = 'left', on = 'Week')
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