That Cumulus equation is also be found on page 213 of Stephen Burt's book, The Weather Observer's Handbook, with these cautionary comments:
"It must be stressed that these factors apply only to mean speeds in an open location over relatively long periods (days or months), and that the variation of speed with height will vary with atmospheric conditions minute-by-minute, hour-by-hour, and day-by-day. Individual spot readings over short periods, and observations made in obstructed or sheltered sites, may depart significantly from these averages. The correction factors do not apply to gust speeds, which vary much less with height. Gust speeds should be reported without applying any corrections."