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.
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Free Version available.
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Company Facts
Company Name:
statsmodels
Company Website:
www.statsmodels.org/stable/index.html
Product Details
Deployment
Windows
Mac
Linux
Training Options
Documentation Hub
Support
Web-Based Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English