where λ_observed is the observed wavelength and λ_rest is the wavelength in the rest frame of emission. Note z is dimensionless number (i.e., it has no units).
Cosmological redshift is itself the most easily obtained high accuracy/precision direct-observable cosmic distance measure.
Thus, it the most basic direct-observable cosmic distance measure and astronomers customarily use it in preference to all others which harder to obtain and usually much less accurate/precise or are model-dependent which means NOT direct NOR indirect observables.
The upshot is that cosmological redshift is the natural independent variable for plots displaying the other cosmic distance measures as dependent variables which is why it is used for that purpose in Image 1 and Image 2.
A giga-light-year is the distance light travels in a gigayear moving at the vacuum light speed relative to an inertial frame of reference.
The vacuum light speed c = 2.99792458*10**8 m/s ≅ 3*10**8 m/s = 3*10**5 km/s ≅ 1 ft/ns is exactly 1 Gly/Gyr.
They are calculated for the Λ-CDM model (AKA concordance model) which is fitted to observations.
The Λ-CDM model currently fits all observations within uncertainty and is considered the most trustworthy cosmological model currently available.
Further improved observations may require it to be revised or abandoned, but for now it the best we have.
But even if the Λ-CDM model is revised or abandoned, it still fits the observable universe so well, the cosmic distance measures it predicts must still be correct to good accuracy/precision.