nAssumption:
nCompetence ratings are viewed as
samples drawn from a distribution
with steady mean and variance
nCompetence
belief formation is formulated as a parameter estimation problem
nUse normal distribution to approximate underlying
distribution
nCompetence belief value:
nEstimated mean
nIt is also the mode & expected value
nPredictability:
nConstruct a 90% confidence interval
nInteraction number < 45: Student distribution
nOtherwise: Normal distribution
nLength of confidence interval