Thermostat Schedule or Temp Peferences - Which wins?

The temperature schedule and preferences is very confusing. Do the schedule temps have to match what I have in my temp preferences? Since I have the ability to set different temps in the schedule settings, I would expect that the thermostat follows those settings. However it seems that the thermostat follows the temp preferences instead. If so, what’s the use of being able to set different temps in the schedule settings? I haven’t found any documentation that states which takes precedence.

When you create a new schedule, the schedule starts out with the temperatures you entered in the temperature preferences.

But the heating and cooling is dependent on what final values end up in the schedule.