The drawing does look as though it is in series with
a
second winding.
Then it would seem to be being used to create a rotating
magnetic field. In this case too samll a value will lead
to a reduction in full speed torque and possible speed
variations, and too large a value will reduce the low
speed torque (i.e. when the motor is running up). However
having said that the value will be a compromise anyway and
+/- 20% either way shouldn't hurt enough to notice.
Lee.
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