$δ$	$\hat{β}$	Exch				AR-1
		$ρ = 0.3$		$ρ = 0.7$		$ρ = 0.3$		$ρ = 0.7$
		CP	Width	CP	Width	CP	Width	CP	Width
0.05	$\hat{β} (Xue)$	91.6%	0.6858	89.5%	0.7033	90.7%	0.6940	90.9%	0.6895
	$\hat{β} (Exch)$	91.8%	0.6086	90.0%	0.5140	92.2%	0.6280	91.0%	0.5294
	$\hat{β} (AR-1)$	92.1%	0.6157	89.1%	0.5372	92.3%	0.6232	91.2%	0.5217
	$\hat{β} (Ind)$	91.9%	0.6279	91.1%	0.6438	91.6%	0.6413	92.4%	0.6361
0.1	$\hat{β} (Xue)$	90.9%	0.7808	89.4%	0.7872	88.6%	0.7810	91.0%	0.7944
	$\hat{β} (Exch)$	91.9%	0.6524	91.7%	0.5729	88.7%	0.6553	91.1%	0.5949
	$\hat{β} (AR-1)$	91.3%	0.6586	91.3%	0.5929	89.2%	0.6527	91.8%	0.5919
	$\hat{β} (Ind)$	91.5%	0.6710	90.4%	0.6727	89.3%	0.6649	91.7%	0.6704
0.2	$\hat{β} (Xue)$	90.7%	0.9642	89.7%	0.9621	91.3%	0.9636	90.8%	0.9579
	$\hat{β} (Exch)$	91.9%	0.7466	91.9%	0.6930	91.5%	0.7878	90.4%	0.7080
	$\hat{β} (AR-1)$	91.5%	0.7517	91.8%	0.7100	91.4%	0.7871	90.9%	0.7106
	$\hat{β} (Ind)$	92.0%	0.7577	92.0%	0.7565	91.3%	0.7861	90.5%	0.7578