I have a large dataset and I am trying to estimate function f(x) for all instances in that dataset. Which of the following approach is better?
Approach 1: Sampling N instances from the dataset and use bootstrapping for these N instances to estimate f(x).
Approach 2: M times sample N instances for the large dataset. Then calculate f(x) for each of these M sample cases, then aggregate (for example: average) the result.