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What is statsmodels?

Statsmodels is a Python library tailored for estimating a variety of statistical models, allowing users to conduct robust statistical tests and analyze data with ease. Each estimator is accompanied by an extensive set of result statistics, which have been corroborated with reputable statistical software to guarantee precision. This library is available under the open-source Modified BSD (3-clause) license, facilitating free usage and modifications. Users can define models using R-style formulas or conveniently work with pandas DataFrames. To explore the available results, one can execute dir(results), where attributes are explained in results.__doc__, and methods come with their own docstrings for additional help. Furthermore, numpy arrays can also be utilized as an alternative to traditional formulas. For most individuals, the easiest method to install statsmodels is via the Anaconda distribution, which supports data analysis and scientific computing tasks across multiple platforms. In summary, statsmodels is an invaluable asset for statisticians and data analysts, making it easier to derive insights from complex datasets. With its user-friendly interface and comprehensive documentation, it stands out as a go-to resource in the field of statistical modeling.

What is NumPy?

Quick and versatile, the principles of vectorization, indexing, and broadcasting in NumPy have established themselves as the standard for modern array computations. This robust library offers a comprehensive suite of mathematical functions, random number generation tools, linear algebra operations, Fourier transformations, and much more. NumPy's compatibility with a wide range of hardware and computing platforms allows it to work effortlessly with distributed systems, GPU libraries, and sparse array structures. At its foundation, NumPy is constructed with highly optimized C code, enabling users to benefit from the speed typical of compiled languages while still enjoying the flexibility provided by Python. The intuitive syntax of NumPy enhances its user-friendliness and efficiency for programmers of all levels and expertise. By merging the computational power of languages such as C and Fortran with Python’s approachability, NumPy streamlines complex processes, leading to solutions that are both clear and elegant. As a result, this library equips users to confidently and easily address a diverse array of numerical challenges, making it an essential tool in the world of data science and numerical analysis. Furthermore, the active community around NumPy continuously contributes to its development, ensuring that it remains relevant and powerful in the face of evolving computational needs.

Media

Media

Integrations Supported

3LC
Anaconda
Avanzai
Coiled
Cython
Dash
Gensim
JAX
MPI for Python (mpi4py)
PaizaCloud
PyCharm
Python
Spyder
Unify AI
Visual Studio Code
Yamak.ai
Yandex Data Proc
h5py
imageio
scikit-learn

Integrations Supported

3LC
Anaconda
Avanzai
Coiled
Cython
Dash
Gensim
JAX
MPI for Python (mpi4py)
PaizaCloud
PyCharm
Python
Spyder
Unify AI
Visual Studio Code
Yamak.ai
Yandex Data Proc
h5py
imageio
scikit-learn

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

statsmodels

Company Website

www.statsmodels.org/stable/index.html

Company Facts

Organization Name

NumPy

Company Website

numpy.org

Categories and Features

Categories and Features

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