diff --git a/binder/requirements.txt b/binder/requirements.txt
index 4e7a7bd1d8c..c6b085e3d1c 100644
--- a/binder/requirements.txt
+++ b/binder/requirements.txt
@@ -3,7 +3,7 @@ plotly==4.8.0
 jupyter
 notebook
 pandas==1.0.3
-statsmodels==0.10.1
+statsmodels==0.11.1
 scipy
 patsy==0.5.1
 numpy
diff --git a/doc/requirements.txt b/doc/requirements.txt
index 928cda37735..dabc2bebcfc 100644
--- a/doc/requirements.txt
+++ b/doc/requirements.txt
@@ -3,7 +3,7 @@ jupytext==1.1.1
 jupyter
 notebook
 pandas==1.0.3
-statsmodels==0.10.1
+statsmodels==0.11.1
 scipy==1.3.1
 patsy==0.5.1
 numpy==1.16.0