Step 1: Understanding the relationship.
In laminar flow over a flat plate, the boundary layer thickness \( \delta \) grows with the distance \( x \) from the leading edge of the plate. The ratio \( \delta/x \) is known to vary with the Reynolds number \( Re \) raised to a power \( k \).
Step 2: Known relationship for boundary layer growth.
For laminar flow, the relationship between the boundary layer thickness \( \delta \) and the Reynolds number \( Re \) is given by:
\[
\frac{\delta}{x} \sim Re^{1/2}
\]
Thus, the exponent \( k \) is \( \frac{1}{2} \).
Final Answer: \[ \boxed{\frac{1}{2}} \]

