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A drill bit during its lifetime can produce $150$ through holes in a plate at a drill-speed of $200$ RPM. If the drill-speed increases to $300$ RPM , then it can produce $60$ through holes in the same plate before the drill bit fails. Assume all other parameters remain constant. The value of the exponent in Taylor's tool life equation is $\_\_\_\_$ (rounded off to $2$ decimal places).

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