The damping ratio \( \zeta \) can be found from the decay of the amplitude in free vibration. The amplitude ratio \( R \) after \( n \) cycles is given by:
\[
R = \frac{A_2}{A_1} = e^{-\zeta \pi n}
\]
Where:
- \( A_1 = 8\ \text{mm} \) is the initial amplitude,
- \( A_2 = 1.5\ \text{mm} \) is the amplitude after 3 cycles,
- \( n = 3 \) is the number of cycles.
Substitute the values into the equation:
\[
\frac{1.5}{8} = e^{-\zeta \pi 3}
\]
\[
0.1875 = e^{-3 \zeta \pi}
\]
Take the natural logarithm of both sides:
\[
\ln(0.1875) = -3 \zeta \pi
\]
\[
-1.673 = -3 \zeta \pi
\]
\[
\zeta = \frac{1.673}{3 \pi} = \frac{1.673}{9.4248} = 0.177
\]
Thus, the damping ratio is:
\[
\boxed{0.085}
\]