What is StatsModels library in python? How to install in windows?

In this recipe, we will examine the StatsModels library in Python and how to install it on Windows

Get access to Data Science projects View all Data Science projects
MACHINE LEARNING PROJECTS IN PYTHON DATA CLEANING PYTHON DATA MUNGING MACHINE LEARNING RECIPES PANDAS CHEATSHEET     ALL TAGS

Recipe Objective - What is the StatsModel library in python? How to install the StatsModel library in windows?

Statsmodels is a Python module that provides classes and functions for estimating various statistical models, performing statistical tests, and examining statistical data. An extensive list of result statistics is available for each estimator. The results are tested with existing statistical packages to ensure they are correct. This package is released under the open-source Modified BSD (3clause) license. statsmodels is a Python package that supplements scipy for statistical calculations, including descriptive statistics and estimation and inference of statistical models.

Access Linear Regression ML Project for Beginners with Source Code 

For more related projects -

https://www.dezyre.com/projects/data-science-projects/deep-learning-projects
https://www.dezyre.com/projects/data-science-projects/neural-network-projects

Installation -

1. Anaconda -
conda install -c conda-forge statsmodels

2. Command prompt using pip command -
pip install statsmodels

In this way, we can install the StatsModel library in windows.

What Users are saying..

profile image

Gautam Vermani

Data Consultant at Confidential
linkedin profile url

Having worked in the field of Data Science, I wanted to explore how I can implement projects in other domains, So I thought of connecting with ProjectPro. A project that helped me absorb this topic... Read More

Relevant Projects

Machine Learning Projects
Data Science Projects
Python Projects for Data Science
Data Science Projects in R
Machine Learning Projects for Beginners
Deep Learning Projects
Neural Network Projects
Tensorflow Projects
NLP Projects
Kaggle Projects
IoT Projects
Big Data Projects
Hadoop Real-Time Projects Examples
Spark Projects
Data Analytics Projects for Students

You might also like

Data Science Tutorial
Data Scientist Salary
How to Become a Data Scientist
Data Analyst vs Data Scientist
Data Scientist Resume
Data Science Projects for Beginners
Machine Learning Engineer
Machine Learning Projects for Beginners
Datasets
Pandas Dataframe
Machine Learning Algorithms
Regression Analysis
MNIST Dataset
Data Science Interview Questions
Python Data Science Interview Questions
Spark Interview Questions
Hadoop Interview Questions
Data Analyst Interview Questions
Machine Learning Interview Questions
AWS vs Azure
Hadoop Architecture
Spark Architecture

Relevant Projects

Text Classification with Transformers-RoBERTa and XLNet Model
In this machine learning project, you will learn how to load, fine tune and evaluate various transformer models for text classification tasks.
View Project Details
BigMart Sales Prediction ML Project in Python
The goal of the BigMart Sales Prediction ML project is to build and evaluate different predictive models and determine the sales of each product at a store.
View Project Details
Recommender System Machine Learning Project for Beginners-1
Recommender System Machine Learning Project for Beginners - Learn how to design, implement and train a rule-based recommender system in Python
View Project Details
Build a CNN Model with PyTorch for Image Classification
In this deep learning project, you will learn how to build an Image Classification Model using PyTorch CNN
View Project Details
NLP Project for Beginners on Text Processing and Classification
This Project Explains the Basic Text Preprocessing and How to Build a Classification Model in Python
View Project Details
Build a Logistic Regression Model in Python from Scratch
Regression project to implement logistic regression in python from scratch on streaming app data.
View Project Details
Learn to Build an End-to-End Machine Learning Pipeline - Part 2
In this Machine Learning Project, you will learn how to build an end-to-end machine learning pipeline for predicting truck delays, incorporating Hopsworks' feature store and Weights and Biases for model experimentation.
View Project Details
End-to-End Speech Emotion Recognition Project using ANN
Speech Emotion Recognition using RAVDESS Audio Dataset - Build an Artificial Neural Network Model to Classify Audio Data into various Emotions like Sad, Happy, Angry, and Neutral
View Project Details
Abstractive Text Summarization using Transformers-BART Model
Deep Learning Project to implement an Abstractive Text Summarizer using Google's Transformers-BART Model to generate news article headlines.
View Project Details
Build a Text Generator Model using Amazon SageMaker
In this Deep Learning Project, you will train a Text Generator Model on Amazon Reviews Dataset using LSTM Algorithm in PyTorch and deploy it on Amazon SageMaker.
View Project Details