Apparently xrange is faster but I have no idea why it\'s faster (and no proof besides the anecdotal so far that it is faster) or what besides that is different about
range(): range(1, 10) returns a list from 1 to 10 numbers & hold whole list in memory.
xrange(): Like range(), but instead of returning a list, returns an object that generates the numbers in the range on demand. For looping, this is lightly faster than range() and more memory efficient. xrange() object like an iterator and generates the numbers on demand.(Lazy Evaluation)
In [1]: range(1,10)
Out[1]: [1, 2, 3, 4, 5, 6, 7, 8, 9]
In [2]: xrange(10)
Out[2]: xrange(10)
In [3]: print xrange.__doc__
xrange([start,] stop[, step]) -> xrange object