Python lists: Sorting lists, either in-place or by creating new lists

The video tutorial explains two methods for sorting lists in Python: generating a new sorted list using the 'sorted' function and sorting an existing list in place with the 'sort' method. It covers default sorting for numbers and strings, custom sorting using the 'key' argument, and performance considerations for large lists. The tutorial also addresses handling lists with mixed data types using the 'key' function to avoid type errors.

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