Scripts are just starting points for a longer process. The panel in the photo appears in an insert shot, and it does not correspond to any actual component of the shuttle control panel that Latimer was looking at when he said the indicator was going crazy. So clearly the director and editor decided to stick in a close-up of some random display at that point, to illustrate the plot beat better. It would hardly be the only time that happened in TV or movies.
As a kid, I always wanted to see what was going on in Spock's hooded viewer. But the whole reason for having a hooded viewer was to spare the need for data graphics, which were a heavier lift in the Sixties.
Then came TAS, and I think there was a time or two when they had an insert shot for Spock's viewer. And that's when you realize there is nothing that viewer could show that couldn't be displayed on an open monitor. [I hope someone recalls a specific example so I can see it at TrekCore.]
The only real-world justification for the hood would be if it's an instrument only one person at a time can see, in the manner of a periscope, but in Star Trek's case, more like a dim 3D hologram that has to be shaded from ambient light. For in-universe plausibility, that's our last hope.