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The correct way to express the number in scientific notation is 3 × 10^−8, which means:
3 times 10 to the power of negative 8.
This notation implies that the decimal must be moved 8 places to the left of the digit 3; hence the number 0.00000003. This matches the stated fact that light takes less than this amount of time to travel a one-meter distance (specifically about 3.3 nanoseconds, where 1 nanosecond is equal to 1 × 10^−9 seconds).