|
| Regression Coefficient | Implied σ (or τ) |
| 1st round | 0.068 | 7.35 |
| 2nd round | 0.102 | 4.90 |
| 3rd round | 0.100 | 5.02 |
| 4th round | 0.101 | 4.93 |
| 5th round | 0.098 | 5.10 |