Here's the discription from the shop manual:
Fuel Computer
The fuel computer of the message center indicator (10D898) uses information from other modules and sensors to perform its calculations.
Range
The Range feature has two displays: 1) the distance that can be traveled before refueling, and 2) the distance that was traveled since the last trip odometer reset. The range switch will change the message center indicator between the two displays.
The Range (Distance to Empty) feature is calculated using the fuel flow signal from the powertrain control module (PCM) (12A650), the speed signal from the vehicle speed sensor (VSS) (9E731) and the fuel level signal from the fuel level sensor (9275), which is a part of the fuel pump (9350).
-The fuel flow and speed signals are used to calculate a running average fuel economy (RAFE), which is multiplied by the fuel remaining to give the range.
-RAFE is not the same number as the Average Fuel Economy displayed by the message center indicator.
-RAFE is based on the past driving history and cannot be reset except by a battery disconnect.
-When the range decreases to 80 km (50 miles) to empty, the message center will display the LOW FUEL LEVEL warning.
-With a fuel tank (9002) full of fuel (160 ohm signal from fuel sender) and after a battery disconnect, the Range should be approximately 460 miles to empty.
The Range (Trip Odometer) feature:
-Is calculated using the speed signal from the vehicle speed sensor.
-Can be reset to zero by pressing the reset switch while the trip odometer is displayed on the message center.
Status
The Status feature has two displays, fuel-to-empty and fuel-used. The Status switch will change the message center indicator between the two displays.
The fuel-to-empty calculation:
-Is obtained using the fuel level signal from the fuel level sensor.
The fuel-used feature:
-Is calculated using the fuel flow signal from the powertrain control module.
-Can be reset to zero by pressing the RESET switch while the fuel-used feature is displayed on the message center.
Economy
The Economy feature has two displays:
-Average
-Instant
The Economy switch will change the message center indicator between the two displays.
The economy calculations are obtained using:
-The fuel flow signal from the powertrain control module.
-The speed signal from the vehicle speed sensor.
The average fuel economy feature can be reset by pressing the RESET switch while the average fuel economy feature is displayed on the message center indicator.