Python : What is the purpose of a colon in an if statement?

Question

I have this piece of python code below.

def m(list):
    v = list[0]
    for e in list:
        if v < e:
            v = e
        return v

values = [[3, 4,         


        

Answer 1

if v < e: v = e

can be read: "If v is less than e, make v the value of e."

As above you should put a new line to make it read easier:

if v < e:
    v = e