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1\begin{table}[htbp]2\centering3\begin{threeparttable}4\caption{Summary Statistics of Prediction Market Prices}5\label{tab:summary_stats}6\begin{tabular}{l S S S S S S S}7\toprule8Market & {Mean} & {Std} & {Min} & {Max} & {Skew} & {Kurt} & {JB} \\9\midrule10    50+ bps decrease & 0.058 & 0.042 & 0.004 & 0.150 & -0.03 & -1.45 & 12.7 \\11    25 bps decrease & 0.304 & 0.194 & 0.006 & 0.570 & -0.47 & -1.46 & 18.0 \\12    No change & 0.608 & 0.235 & 0.300 & 0.981 & 0.55 & -1.41 & 19.1 \\13    25 bps increase & 0.034 & 0.026 & 0.005 & 0.250 & 3.98 & 30.46 & 5628.7 \\14    50+ bps increase & 0.016 & 0.016 & 0.002 & 0.095 & 1.66 & 3.55 & 135.8 \\15\bottomrule16\end{tabular}17\begin{tablenotes}18\small19\item \textit{Notes:} JB is the Jarque--Bera test statistic for normality.20$^{***}$, $^{**}$, and $^{*}$ denote significance at the 1\%, 5\%, and 10\% levels.21\end{tablenotes}22\end{threeparttable}23\end{table}