Answer
$$K = 6.9 \times 10^{-5}$$
Work Step by Step
1. Reverse the equation. (K'' = 1/K)
$$NO_2(g) \rightleftharpoons NO(g) + \frac 12 O_2(g)$$
$$K'' = 1/(1.2 \times 10^2) = 0.0083$$
2. Multiply all coeficients by 2. (K'' = $K^2$)
$$2 NO_2(g) \rightleftharpoons 2 NO(g) + O_2(g)$$
$$K = 0.0083^2 = 6.9 \times 10^{-5}$$