Table 3: Computational time (where h, min, and sec stand for hour, minute, and second, resp.) for estimating model parameters via 100,000 MCMC runs of all models when and in on the 3.00 GHz Dual Core Xeon processor with a single-trade application.

Model Real time Real time 1 42 h 35 min 36 sec 21 h 2 45 h 23 min 54 sec 22 h 53 min 40 sec 3 52 h 26 min 43 sec 27 h 35 min 17 sec 4 56 h 01 min 41 sec 28 h 52 min 05 sec 5 91 h 46 min 42 sec 26 h 57 min 21 sec