Question: Can someone help me with a good formula for this problem with an explanation Please? I'm trying to solve it in Excel, but I keep
Can someone help me with a good formula for this problem with an explanation Please? I'm trying to solve it in Excel, but I keep getting i wrong.
Electric Sheep sells totally enclosed capacitor motors, fan cooled, 1725-RPM, and advertises them in a suppliers catalog. A table of these motors is shown below. Assume that the cost of these motors follows a Power Law CER and use the information in the table to estimate the cost of a 2.0 HP motor with the same specificatioins.
| Size | Cost |
| 1/4 Hp | $90 |
| 1/3 Hp | $104 |
| 3/4 Hp | $124 |
| 1 Hp | $148 |
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