We present a general class of unbiased improved estimators for physical observables in lattice gauge theory computations which significantly reduces statistical errors at modest computational cost. The idea can be easily adapted to other branches of physics and computational science that employ Monte Carlo methods. The error reduction techniques, referred to as covariant approximation averaging, utilize approximations which are covariant under lattice symmetry transformations. We observe cost reductions from the new method compared to the traditional one, for fixed statistical error, of 16 times for the nucleon mass at M_π~330 MeV (domain-wall quark) and 2.6--20 times for the hadronic vacuum polarization at M_π~315 MeV (Asqtad quark). These cost reductions should improve with decreasing quark mass and increasing lattice sizes.
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Blum et al. (2013) studied this question.
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