What does COn mean?

COn is the normalised value that has been calculated from the measured CO reading.

Example:

measured CO = 40ppm (COm)
measured O2 = 5.5% (O2m)
local regulation requires normalisation to 3% O2. (O2r)
COn = COm x (20.0 minus O2r) / (20.9 minus O2m)
COn = 40 x (20.9 minus 3) / (20.9 minus 5.5) = 40 x 17.9 /15.4 = 46.5ppmn

See also: What should O2 ref be set to? and What is air free CO?