(i) Large value of equlibium constant `(gt10^(3))` shows that forward reaction is favoured, ie. Concertration of products is much large than that of the reactants at equibrium.
(ii) Intermediate value of `K(10^(-3)" to "10^(3))` shows that the concentration of the reactant and products are comparable.
(iii) Low value of `K(lt10^(-3))` shows at backward reaction is favoured, i.e. concenctration of reactants is much large than that of the products.