Your post isn't clear whether you are talking about an analog input module or an analog output module.
If it is an analog voltage input module and you have a 4 - 20 mA signal, using Ohm's law for the calculation shows that a 4 mA current through a 250 ohm resistor produces a 1 volt potential (voltage) difference across the resistor. A 20 mA current through the same resistor produces a 5 volt potential difference. Since most analog voltage input modules are set up for 1 0 - 10 volt range, the 250 ohm resistor only uses half of the available resolution of the module.
If the 4 - 20 ma transmitter can support the burden, use a 500 ohm resistor to give you a 2 - 8 volt range.