Inasmuch as the basic assumption--that chess rating and IQ are directly linked--is wrong there is no way to come up with a workable formula.
Indeed, I spent an hour looking at it and concluded that it's completely impossible to produce a genuine formula and all that is possible is to produce an artificial formula which would be the mathematical expression of known correlations. To do it properly, it would be necessary to understand which mental factors produce which results regarding chess ability and that isn't known ... only guessed at. Then it would only be a matter of weighting the theory correctly, rather as in Game Theory.
As rare as it is, there seems to be some agreement between the two of you and to which I also assent.

Inasmuch as the basic assumption--that chess rating and IQ are directly linked--is wrong there is no way to come up with a workable formula.
Indeed, I spent an hour looking at it and concluded that it's completely impossible to produce a genuine formula and all that is possible is to produce an artificial formula which would be the mathematical expression of known correlations. To do it properly, it would be necessary to understand which mental factors produce which results regarding chess ability and that isn't known ... only guessed at. Then it would only be a matter of weighting the theory correctly, rather as in Game Theory.