is is possible for the LM-1 to replace factory Narrowband Sensor?

I'm trying to install the LM-1 and it is working fine, but I'm not convinced it's hooked up to my PCM/car correclty.

I have
red wire output from LM-1 = EIO slot 1
white wire output(?) from LM-1 = slot B on connector
ground from LM-1 = EIO slot 5
ground from connector(slot A) = EIO slot 6

is this right?

I don't think it is correct b/c my LTFT's in that bank are extremely lean 39ish