Comment by Adam Shen (adam-shen) on Latent variables for prediction markets: motivation, technical guide, and design considerations · 2025-02-12T05:42:02.096Z · LW · GW

P(→Xi)=∑jpj∏iXiqi,j+(1−Xi)(1−qi,j)

Maybe I'm missing something, but if we are estimating the P(Xi), how can we also have Xi on RHS?  and what is the adjustment +(1−Xi)(1−qi,j).  why is that there?