If you have experience with R or want a quick way to generate a regression with statsmodels using a pandas DataFrame, you can use R-style formulas. First, you need to import statsmodels and its ...

Simply collecting data is not enough. You can fill spreadsheets with data, but it's useless if you can't act on it. Regression is one of the most powerful statistical tools for finding relationships ...

Residual plots can be used to validate assumptions about the regression model. Figure 1: Residual plots are helpful in assessments of nonlinear trends and heteroscedasticity. A formal test of lack of ...