works exactly same as Crystal Ball of Knowledge
When carried in your character's backpack it will report the difficulty rating of your actions as system messages. The closer the difficulty is to "Optimal" the more likely it is your character will gain in Skills.
Difficulty Ratings
The full set of difficulty ratings are:
Difficulty Success Chance
Too Challenging <1%
Very Challenging 1% - 20%
Challenging 20% - 40%
Optimal 40% - 60%
Easy 60% - 80%
Very Easy 80% - 100%
Too Easy >100%