To simplify the expression \((\sqrt{2})^{3} \cdot (2^{-1/2})\), we can use the properties of exponents.
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Rewrite \(\sqrt{2}\) as \(2^{1/2}\): \[ (\sqrt{2})^{3} = (2^{1/2})^{3} \]
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Apply the power of a power property \( (a^m)^n = a^{m \cdot n} \): \[ (2^{1/2})^{3} = 2^{(1/2) \cdot 3} = 2^{3/2} \]
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Now we combine this with \(2^{-1/2}\): \[ 2^{3/2} \cdot 2^{-1/2} \]
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Using the property \(a^m \cdot a^n = a^{m+n}\): \[ 2^{3/2 - 1/2} = 2^{(3/2) - (1/2)} = 2^{2/2} = 2^{1} \]
Therefore, the expression simplifies to \(2\).
So the equivalent expression is: \(\mathbf{2}\).