The or and and python statements require truth-values. For pandas these are considered ambiguous so you should use “bitwise” | (or) or & (and) operations:

result = result[(result['var']>0.25) | (result['var']<-0.25)]

These are overloaded for these kind of datastructures to yield the element-wise or (or and).

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Just to add some more explanation to this statement:

The exception is thrown when you want to get the bool of a pandas.Series:

>>> import pandas as pd
>>> x = pd.Series([1])
>>> bool(x)
ValueError: The truth value of a Series is ambiguous. Use a.empty, a.bool(), a.item(), a.any() or a.all().

What you hit was a place where the operator implicitly converted the operands to bool (you used or but it also happens for and, if and while):

>>> x or x
ValueError: The truth value of a Series is ambiguous. Use a.empty, a.bool(), a.item(), a.any() or a.all().
>>> x and x
ValueError: The truth value of a Series is ambiguous. Use a.empty, a.bool(), a.item(), a.any() or a.all().
>>> if x:
...     print('fun')
ValueError: The truth value of a Series is ambiguous. Use a.empty, a.bool(), a.item(), a.any() or a.all().
>>> while x:
...     print('fun')
ValueError: The truth value of a Series is ambiguous. Use a.empty, a.bool(), a.item(), a.any() or a.all().

Besides these 4 statements there are several python functions that hide some bool calls (like any, all, filter, …) these are normally not problematic with pandas.Series but for completeness I wanted to mention these.

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In your case the exception isn’t really helpful, because it doesn’t mention the right alternatives. For and and or you can use (if you want element-wise comparisons):

• numpy.logical_or:

  >>> import numpy as np
  >>> np.logical_or(x, y)
  

  or simply the | operator:

  >>> x | y
  

• numpy.logical_and:

  >>> np.logical_and(x, y)
  

  or simply the & operator:

  >>> x & y
  

If you’re using the operators then make sure you set your parenthesis correctly because of the operator precedence.

There are several logical numpy functions which should work on pandas.Series.

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The alternatives mentioned in the Exception are more suited if you encountered it when doing if or while. I’ll shortly explain each of these:

• If you want to check if your Series is empty:

  >>> x = pd.Series([])
  >>> x.empty
  True
  >>> x = pd.Series([1])
  >>> x.empty
  False
  

  Python normally interprets the length of containers (like list, tuple, …) as truth-value if it has no explicit boolean interpretation. So if you want the python-like check, you could do: if x.size or if not x.empty instead of if x.

• If your Series contains one and only one boolean value:

  >>> x = pd.Series([100])
  >>> (x > 50).bool()
  True
  >>> (x < 50).bool()
  False
  

• If you want to check the first and only item of your Series (like .bool() but works even for not boolean contents):

  >>> x = pd.Series([100])
  >>> x.item()
  100
  

• If you want to check if all or any item is not-zero, not-empty or not-False:

  >>> x = pd.Series([0, 1, 2])
  >>> x.all()   # because one element is zero
  False
  >>> x.any()   # because one (or more) elements are non-zero
  True