How do Southeastern Conference football records compare for divisional tiebreakers?

In the SEC (Southeastern Conference) for NCAA football, division tiebreaker rule 1.B states the following:

B. Records of the tied teams within the division;

In this context, precisely how do “records” compare?

There are multiple ways I am aware of that records could be compared, and a common approach is Win Percentage. In the absence of ties, the formula is Wins / # of Games. This method seems to be fair when it favors a 9-0 team over a 9-1 team, or when a game is canceled under no fault of the team. But it unfairly treats a 1-0 record the same as 10-0.

I am speculating. Is there any concrete evidence that this method, or any other, is used for this purpose in the tiebreaker scenario?