The Bias-Variance-Correlation Tradeoff and Its Implications for ML Applications in HEP
The bias-variance tradeoff is a well-recognized phenomenon in statistics and machine learning. In this talk, I will discuss an extension, dubbed the bias-variance-correlation tradeoff. Roughly speaking, as the flexibility of a model decreases, the correlations in the outputs of a trained model for different inputs increases. Such correlations have implications for several applications of machine learning in high energy physics, e.g., the use generative models for event generation. In particular, I will argue that claims in the literature of data amplification by generative models stem from ignoring important correlations between the model's outputs for different inputs.