Installing statsmodels for Python on Mac OSX - Shuang0420/Shuang0420.github.io GitHub Wiki
install patsy:
pip install --upgrade patsy
then install statsmodels
pip install statsmodels
if following error
ReadTimeoutError: HTTPSConnectionPool(host='pypi.python.org', port=443): Read timed out.
then try
pip --default-timeout=100 install -U pip
References
http://gnperdue.github.io/yak-shaving/osx/python/2014/05/10/statsmodels.html
http://angelzou.github.io/06-08-2015-update-pip-with-read-timeout-error.html