Comment by vlovich123
8 months ago
I don’t think variance is relevant to this application which is essentially a search function. As long as they find the answer 1/100, it doesn’t matter if it took them 100 tries - that’s just a cost optimization problem here.
That being said, I think variance implicitly improves in this context because this is the same as poll averaging that Nate Silver does - as long as the models are truly independent this averaging technique works as an improved result across the board (ie average and variance). However, if the models start converging with datasets and techniques this will degrade to become worse just as with polling with pollster herding and other problems the industry creates for themselves.
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