In the sense of

Hello friends,

Can "in the sense of" be replaced by "in terms of". As in this sentence:

For instance, although in simple problems it is possible to identify optimal estimators, in general, there are likely to be many unbiased estimators - none of which dominates any of the others in the sense of having uniformly smaller variance.

I was unable to find any comprehensible meaning for this phrase.

Thanks in advance.