The document presents a study on software testing effort estimation using the Cobb-Douglas function, asserting that this model provides more accurate predictions (93.42% accuracy) compared to traditional expert judgment. It emphasizes the importance of various parameters such as requirements, test case design, and project management on estimation accuracy, based on an analysis of data from 14 software releases. The paper critiques existing effort estimation models and advocates for the integration of historical data to enhance future project estimations.