You can use value_counts
+ isin
–
v = df.Parameter.value_counts()
df[df.Parameter.isin(v.index[v.gt(5)])]
For example, where K = 2
(get all items which have more than 2 readings) –
df
ID Parameter Value
0 0 A 4.3
1 1 B 3.1
2 2 C 8.9
3 3 A 2.1
4 4 A 3.9
5 5 B 4.5
v = df.Parameter.value_counts()
v
A 3
B 2
C 1
Name: Parameter, dtype: int64
df[df.Parameter.isin(v.index[v.gt(2)])]
ID Parameter Value
0 0 A 4.3
3 3 A 2.1
4 4 A 3.9