The EV, HV, and Total Range are just estimates based on previous driving conditions. They adjust according to real time present conditions to be as close as can reasonably be expected. They are not meant to be and cannot be absolute numbers.
Besides, even a 4 mile difference (guessing you went 1mile in that 1min) is just 1.2% of the total range of 330 miles. That is a very small and acceptable amount. I think your expectations may be a little too high.
Also, when it went from 5 to 1 miles in just 1 minute, did the low fuel light just come on or not? How many bars were showing in the fuel guage? The fuel gauge will tell you when the tank is low and the low fuel light will warn you that you only have about 20 miles of gas left according to other posts.
Having a hard time seeing your criticism as valid.