I have a small dataframe below of spending of 4 persons. There is an empty column called 'Grade'. I would like to rate those who spent more than $100 grade A, and grade B for those less than $100. What is the most efficient method of filling up column 'Grade', assuming it is a big dataframe?
import pandas as pd
df=pd.DataFrame({'Customer':['Bob','Ken','Steve','Joe'],
'Spending':[130,22,313,46]})
df['Grade']=''