StatsModels

Statsmodels is an open-source Python library for statistical modeling, econometrics, hypothesis testing, and data analysis. Built on top of NumPy, SciPy, and Pandas, it provides a comprehensive collection of statistical models, regression techniques, time series analysis tools, and diagnostic methods for researchers, data scientists, analysts, and developers.

• Fit linear, generalized linear, and robust regression models.
• Perform statistical hypothesis testing and parameter estimation.
• Analyze time series data with forecasting and seasonal decomposition.
• Support econometric models for financial, economic, and business analysis.
• Generate detailed statistical summaries and diagnostic reports.
• Provide ANOVA, MANOVA, and other statistical testing methods.

To verify the working of StatsModels in your shell:

$ sudo su
$ apt update
$ cd /opt
$ python3 -m venv venv
$ source venv/bin/activate
$  python -c "import statsmodels; print(statsmodels.__version__)"