Step 1: Understanding the Question:
The question asks for the standard conversion ranges associated with an industrial I/P (Current-to-Pressure) converter.
Step 2: Detailed Explanation:
• In industrial instrumentation, process variables are monitored and controlled using standardized analog transmission signals.
• The standard electronic analog signal range used worldwide for controllers and transmitters is $4\text{ to }20\text{ mA}$ direct current.
• For pneumatic control elements (such as pneumatic control valves), the standard operating air pressure range is $3\text{ to }15\text{ psi}$ (pounds per square inch).
• An I/P converter is an electro-pneumatic device that bridges these two domains.
• It takes the $4-20\text{ mA}$ electrical control signal from an electronic controller and converts it linearly into a proportional $3-15\text{ psi}$ pneumatic pressure signal to drive pneumatic actuators.
Step 3: Final Answer:
An I/P converter converts a $(4-20)\text{ mA}$ current signal to a $(3-15)\text{ psi}$ pressure signal.