We use points as an estimate, so we can calculate the duration based on current knowledge. Recent experience may show that during a 3-week sprint, they can provide creative and clean work of 20 points. After the change, to improve quality, our next sprint may show 15 points for a 3-week sprint. With both of them, we can use the remaining points of history to create a forecast based on current knowledge, rather than stick to the knowledge of our initial assessment.
So yes, there are relationships, but they change based on empirical data. Relative size estimates allow us to constantly plan for duration estimates to require a complete reevaluation to accommodate new knowledge.
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