Position fix — the series
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A line of position is Newton's method, but only on a conformal chart
An altitude of a star puts a ship on a circle five thousand kilometres across, and the intercept method replaces that circle with a straight line. On Mercator the fix those lines give is one step of Newton's method: its error falls as the square of the assumed position's, and re-running it turns 300 kilometres into 24 metres in two steps. On a sheet that does not correct longitude for latitude it keeps a fixed share of every east–west error, one less the cosine of the latitude — 36 per cent at 50° north.
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A cocked hat holds the ship one time in four
Three lines of position with any error in them bound a small triangle, and the instinct is that the ship is inside. With independent errors it is inside one time in four, whatever the triangle's shape. A common error in every sight makes that almost always when the stars surround the ship and almost never when they do not. And on a sheet that forgets the latitude, the triangle keeps its size and moves off the ship altogether.