docs for API calling

IPYthon docs lead me here -
https://ipython.readthedocs.io/en/stable/api/generated/IPython.display.html#IPython.display.set_matplotlib_formats

they suggest:

"deprecated since version 7.23: use matplotlib_inline.backend_inline.set_matplotlib_formats()"

It's not entirely clear how to call this API.

This is what I"m doing

from IPython import get_ipython
get_ipython().run_line_magic("matplotlib", "inline")
import matplotlib_inline.backend_inline
matplotlib_inline.backend_inline.set_matplotlib_formats()

Is this the correct convention for using this API via python?

Cheers, thanks for the great library.