No, it isn't. It looks to me like you are trying to apply the chain rule "in reverse"- dividing by the derivative of a function of x rather than multiplying. You can't do that. If you had, say, [itex](f(x))^2[/itex] and wanted to differentiate it, it would be 2(f(x))f'(x). But to integrate [itex](f(x))^2[/itex], you can't just divide by f'(x). You could try dividing and multiplying by that:
[tex]\int (f(x))^2 \frac{f'(x)}{f'(x)}dx}[/tex]
but then since f'(x) is a function of x, you cannot take it outside the integral.
That is NOT the same as
[tex]\frac{1}{f'(x)}\int (f(x))^2f'(x)dx= \frac{1}{3f'(x)}(f(x))^3[/tex]
Did you look at the derivative of what you give?
The derivative of
[tex]\frac{-8e^2}{3x\sqrt{3}}\left(1- \frac{x^2}{4e^2}\right)^{3/2}[/tex]
is
[tex]\frac{4e^2}{3x^2\sqrt{3}}\left(1- \frac{x^2}{4e^2}\right)^{3/2}- \frac{8e^2}{3x\sqrt{3}}\left(1- \frac{x^2}{4e^2}\right)^{1/2}\left(-\frac{x}{2e^2}\right)[/tex]
not at all what you were trying to integrate.
The point of the substitution you mention,
[tex]sin(u)= \frac{x}{2e}[/tex]
is that
[tex]\left(1- \frac{x^2}{4e^2}\right)^{1/2}[/tex]
becomes
[tex]\left(1- sin^2(u)\right)^{1/2}= (cos^2(u))^{1/2}= cos(x)[/tex]
and, of course,
[tex]cos(u)du= \frac{1}{2e}dx[/tex]
so that
[tex]2e cos(u)du= dx[/tex]
and the integral
[tex]\frac{2}{\sqrt{3}}\int \sqrt{1- \frac{x^2}{4e^2}}dx[/tex]
becomes
[tex]\frac{2}{\sqrt{3}}\int (cos(u))(2e cos(u)du)= \frac{4e}{\sqrt{3}}\int cos^2(u)du[/tex]
which can be integrated using the identity [itex]cos^2(u)= (1/2)(1+ cos(2u))[/itex].
That way