Modulenotfounderror: no module named statsmodels [SOLVED]

Modulenotfounderror: no module named statsmodels [SOLVED]

by

In this article, we will show you how to solve the error modulenotfounderror: no module named statsmodels.

It is an error in Python that some developers can’t avoid encountering while trying to run code in Python.

When does this error occur?

This error occurs when you try to import the statsmodels library and it is not installed on your system.

How to solve “no module named statsmodels” in Python

The following are the steps on how to resolve the error message modulenotfounderror: no module named statsmodels in Python.

  1. Check if the statsmodels library is installed.


    The first step is to check if the statsmodels library is installed in your Python environment or system.

    To check, open the cmd or command prompt, then type the command pip list.

    pip list

    The command pip list will show you the list of installed modules on your system.

    If the statsmodels library is not found, move to the next step.

  2. Install the statsmodels library.


    If the statsmodels library is not found in your Python environment or system, install it.

    To install, input the command pip install statsmodels.

    pip install statsmodels

    The command pip install statsmodels will download and install the latest version of the statmodels library on your system.

    Note: After installing, try to run your program again, and the error modulenotfounderror: no module named ‘statsmodels’ will no longer appear.

Tip:

If you’ve already installed a statsmodels library in your system and you encounter this error, try to upgrade it or the pip as it may be an outdated version.

  • To upgrade the pip, enter the following command:

    pip install –upgrade pip

    The command pip install --upgrade pip will upgrade the pip package manager to its latest version.

    However, if your pip is already in the latest version, this will come out: “Requirement already satisfied.”

    Now, once the pip is upgraded, try to install the statsmodels library again.
  • To upgrade the statsmodels library, input the following command:

    pip install –upgrade statsmodels

    The command pip install –upgrade statsmodels will upgrade the statsmodels library to its latest version.

    However, if your statsmodels library is already in the latest version, this will come out: “Requirement already satisfied.”

Note: If you get an error message stating that “pip” cannot be found, use the command python -m.

It will look like this:

python -m pip install statsmodels

Other commands that you might need

  1. python –version – use this command if you want to check the version of your Python.
  2. pip show statsmodels – use this command to display the information of the statsmodels library, including its location.

Note:

  1. Use the command pip3 install statsmodels to install the statsmodelspython package when you are using Python 3.
  2. Use the command !pip install statsmodels to install the statsmodelspython package when you are using Jupyter Notebook.
  3. Use the command py -m pip install statsmodels to install the statsmodelspython package when you are using py alias (Windows).

Conclusion

In conclusion, the error modulenotfounderror: no module named statsmodels can be easily solved by:

“Checking if the statsmodels library is installed in your Python environment and, if not, by installing it.”

By following the guide above, there’s no doubt that you’ll be able to resolve this error quickly.

I think we are done with our tutorial, IT source coders!

Thank you for reading!

Leave a Comment