“…On the one hand, it has often been assumed that both the NIRS signal at rest, and changes in the signal during exercise, are derived primarily from Hb (>90%), while Mb is thought to contribute minimally (<10%) to the signal (Mancini et al, 1994, Seiyama et al, 1987. In contrast, other studies suggest that Mb may be the predominant contributor to the NIRS signal , Richardson et al, 1995.…”