σ2 estimates of single channel properties for channels with two conductance levels. In A, predicted σ2/I relationships for a population of 1,000 channels in which each channel can occupy a main conductance level (i1) of 20 units and a second level, i2, as indicated. Fractional occupancy in each level is 0.5. In each case, a parabolic relationship is expected, but the maximal possible value of I when all channels are open depends on the relative amplitudes of i1 and i2. The curve in red approximates the expectation based on the single channel properties of Slo3. In B, the values of i (solid circles) and Po (diamonds) based on applying Eq. 1 to the parabolas in A are given for different values of i2. For estimates of i, the estimated value is given as a percentage of the nominal value of i1, while, for Po, the value given is the percentage by which the apparent Po defined from application of Eq. 1 will underestimate the true Po. For comparison, the weighted-mean estimate of single channel current based on the relative amplitudes and fractional occupancy in each of two open states based on amplitude histograms is given (open circles). For the case applicable to Slo3 (red symbols), i estimated using Eq. 1 will be within 10% of the weighted-mean estimate of average single channel current, while the Po estimate will underestimate the true Po by ∼10%. In C, the impact of changing the relative occupancy, k, in i2 and i1 is considered, while in D, the impact of k on parameter estimates using Eq. 1 are shown.