Python's statsmodels

Statsmodels is a Python library designed for analyzing data and building statistical models. It helps researchers and data analysts understand relationships between variables, test hypotheses, and make predictions. By providing tools for regression analysis, time series forecasting, and hypothesis testing, statsmodels enables users to interpret data rigorously. Whether assessing how one factor influences another or examining patterns over time, it offers a range of statistical procedures with clear outputs, making complex analysis accessible and reliable for various fields like economics, social sciences, and engineering.