Dear Karl,
Thanks for your reaction.

I think one could argue that a "sample" taken *on* the second is most representative of an interval extending from half a second prior to the sample time and half a second following the sample time, […]
On the other hand, if there is some finite response response 
time of your instrument (say, of order 1 sec), you could argue 
that a sample taken at time t really represents an average over 
some preceding interval, […]
I hadn't considered taking the sampling times as representatives of 
lower-level intervals. That will often be the case. But I think that to 
avoid having to know all details of the underlying data generation process, 
we may assume for purposes of the bounds variable for the derived 
statistics that the samples are instantaneous. (Feel free to correct me.)

Best,

Erik

--
https://ac.erikquaeghebeur.name
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