How the firing rate of a neuron carries information depends on the tim
e over which rates are measured. For very short times, the amount of i
nformation conveyed depends, in a universal way, on the mean rates onl
y (trial-to-trial variability is irrelevant) and the cell response can
be taken to be binary (although an ideal binary response would convey
more). For longer times, noise as well as the graded nature of the re
sponse come into play, with opposite effects. Which times can be consi
dered 'short' varies with the brain area considered and, possibly, wit
h the processing speed it is required to operate at.