I am using 32 bit cmd, 64 bit windows, python 2.7
when I type the command pip install statsmodels
I get the following error for some module of scipy...
An easier way to install python libraries on Windows with C/C++/Fortran/... dependencies is to use conda. conda is available in MiniConda or Anaconda continuum products.
Another easy way to install scientific python libraries on windows is to use Christoph Gohlke's windows web page.
If you have no much idea about all of them and how to manage dependencies on windows I recommend you uninstalling your Python and installing anaconda. Anaconda already has Numpy, Scipy, Matplotlib,..., and statsmodels pre-installed (see the list of the packages included in the anaconda distribution).