Interesting study...but terribly flawed in my opinion.
Maybe I missed something in the explanation, if so, sorry.
To be accurate, each finish tested should use the same number of coats.
Two coats of product "Y" didn't hold up as well as seven coats of product "Z".
Hmmm

wonder why?
2-3- even 4 coats of finish isn't enough for outdoor exposure.
With porous wood, it can take 6-8 coats to completely encapsulate the wood.
UV protection is
very important, but means nothing if the finish isn't "waterproof" because the grain didn't get sealed with two or three skimpy coats...
Unsealed wood will turn gray very quickly from exposure to moisture...
Rob
Waiting for "someday" will leave you on your deathbed wondering why you didn't just rearrange your priorities and enjoy the time you had, instead of waiting for a "better" time to come along...