Either is OK.
I use 1:9 for a range of N-2 to N.
I use 1:4 for a range of N to N+2.
A dilution of 1:7 is obviously in between. 1:4 and 1:9 are convenient because you divide the total volume by either 10 or 5to find the amount of stock solution.
For the TMAX RS, dump the little bottle into the big bottle the first time you use it and then just measure out the stock solution from the bottle to make your working solution.
If you look on John Sexton's website, you will find a good article about TMAX that is frequently referenced here.