Statsmodels

Description: It is for estimating and testing statistical models. Supports statistical models, hypothesis testing, and regression analysis.

Use in ML: Statistical analysis and hypothesis testing.

Hyperopt

Description: Optimizing machine learning pipelines, including data preparation, model selection, and model hyperparameters.

Use in ML: Automates the search for optimal hyperparameters.

Joblib

Description: Set of tools to provide lightweight pipelining in Python. Useful for parallelizing and caching computations.

Use in ML: For saving and loading large datasets in parallel.

AllenNLP

Description: NLP library built on PyTorch. Focuses on high-quality research and provides pre-built models for common tasks.

Use in ML: Useful for building and training NLP models.

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