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Exercise

Long live democracy!

Earlier in the chapter, we explored and confirmed the data censorship issue for the regime durations dataset. Now, it is time to build your first survival curve for estimating average duration.

Your job is to estimate a survival function and plot a survival curve to show the survival probabilities. To estimate the survival function, you will create an instance of the KaplanMeierFitter object and fit it to the appropriate data columns. The parameter names have been provided for you as you will learn more about fitting survival functions in later chapters.

The pandas package is loaded as pd, the matplotlib.pyplot module is loaded as plt, and the KaplanMeierFitter class is imported from lifelines. The durations DataFrame is loaded and stored as regime_durations.

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  • Instantiate a KaplanMeierFitter object called kmf.