The relationship between the mean life time \( \tau \) and the half-life time \( T_{1/2} \) for a radioactive substance is given by the following formula:
\[
T_{1/2} = \tau \log_e 2
\]
This formula can be derived from the basic concepts of radioactive decay. The mean lifetime \( \tau \) is related to the decay constant \( \lambda \) by \( \tau = \frac{1}{\lambda} \), and similarly, the half-life \( T_{1/2} \) is related to \( \lambda \) by \( T_{1/2} = \frac{\ln 2}{\lambda} \). Therefore, combining these two gives the final result:
\[
T_{1/2} = \tau \log_e 2
\]