Correct. For example, if you're missing some info in between their life, it can 'guess' where they are at a certain time in their life and what sources you can pull to confirm that. It does nothing as 'verifying' your info as that is your job :)
It helps fill in the gaps, as they say. A research tool. One feature, for example, that I love is if I'm heading out to the Family History Center (LDS), I can pull up only those sources so I have them ready to research at that venue.