The half-life \( T_{1/2} \) of a radioactive substance is the time required for half of the radioactive nuclei to decay. It is related to the decay constant \( \lambda \) (here given as \( \lambda = X \)) by the formula:
\[
T_{1/2} = \frac{0.6931}{\lambda}.
\]
This relationship comes from the exponential decay law, where the number of undecayed nuclei decreases as:
\[
N = N_0 e^{-\lambda t}.
\]
At \( t = T_{1/2} \), \( N = \frac{N_0}{2} \), leading to the above formula.