I wonder about the source of the formula at internet

http://www.pantheory.org/HF.htm :

[((z+1)2-1) / ((z+1)2+1)] c / H0

H0 – Hubble’s constant, c – speed of light.

“Comparing Hubble calculated distances and brightnesses with Pan Theory calculations of distances and brightnesses."

I have checked the formula against 100 galaxies with [0

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