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element wise mean and std

by_row_index = df_concat.groupby(df_concat.index)
df_means = by_row_index.mean()

print df_means.head()
#           x    y
# 0 -0.850794  1.5
# 1  0.159038  1.5
# 2  0.083278  1.0
# 3 -0.540336  0.5
# 4  0.390954  3.5
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