What is a good size (# of rows) to partition a table to really benefit?

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I.E. if we have got a table with 4 million rows.

Which has got a STATUS field that can assume the following value: TO_WORK, BLOCKED or WORKED_CORRECTLY.

Would you partition on a field which will change just one time (most of times from to_work to worked_correctly)? How many partitions would you create?

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