Abstract
Key comparisons carried out by the Consultative Committees (CCs) of the International Committee of Weights and Measures (CIPM) or the Bureau International des Poids et Mesures (BIPM) are referred to as CIPM key comparisons. The outputs of a statistical analysis of the data from a CIPM key comparison are the key comparison reference value, the degrees of equivalence, and their associated uncertainties. The BIPM publications do not discuss statistical interpretation of these outputs. We discuss their interpretation under the following three statistical models: nonexistent laboratory-effects model, random laboratory-effects model, and systematic laboratory-effects model.