"transfer check-in data" - duplicate list

If I duplicate a list, I see that there’s an option for “Transfer check-in data." What does this mean? I’ve tried to test it on my own but there is no discernible difference I can identify.

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I am interested in this as well. My team left the box unchecked and the profile list came over with the check-ins recorded. Thanks so much for your help with this one!