I was informed by another member that the actual peak value of the PWM square wave is nominally 5.8 volts rather than the 5.5 volts I used in my calculation.
I have had hints that Istick's boost circuit drops the amplitude of the PWM square wave lower after the battery discharges below 2/3 when the Istick sets the voltage below a certain value. If true, that throws off these charts and tables when operating under those conditions.
Here are the updated charts and graphs, All assume a constant PWM square wave constant peak value of 5.8 volts.
The first chart is the interesting one - It shows the actual RMS watts output by the Istick for a given displayed mean voltage and coil resistance. It allows converting the displayed Istick voltage and resistance to the RMS wattage. Again, a Vmax (peak voltage of the PWM square wave) is assumed to always be 5.8 volts.
The second table just matches what the Istick already does for you. The mean watts shown on the second chart should match what is displayed on the Istick.
The last graph shows the difference between the mean watts and the RMS watts for a given displayed voltage and coil resistance.