The equation of the ellipse is given by:
\[
\frac{x^2}{2} + \frac{y^2}{4} = 1.
\]
This is in the standard form of an ellipse with semi-major axis \( a = 2 \) and semi-minor axis \( b = \sqrt{2} \).
The formula for the length of a chord with midpoint \( (x_0, y_0) \) in an ellipse is:
\[
L = 2 \sqrt{b^2 - \left( \frac{b^2 x_0^2}{a^2} \right)}.
\]
Substitute the given values \( a = 2 \), \( b = \sqrt{2} \), and \( x_0 = \frac{3}{2} \) into the formula:
\[
L = 2 \sqrt{2 - \left( \frac{2 \times \left(\frac{3}{2}\right)^2}{2} \right)}.
\]
Simplify the equation:
\[
L = 2 \sqrt{2 - \left( \frac{2 \times \frac{9}{4}}{2} \right)} = 2 \sqrt{2 - \frac{9}{4}} = 2 \sqrt{\frac{8}{4} - \frac{9}{4}} = 2 \sqrt{\frac{-1}{4}}.
\]
Since the expression inside the square root is negative, this implies that the point \( ( \frac{3}{2}, 0) \) does not lie on the ellipse, and thus no real chord exists with this midpoint.
Thus, there is no valid solution for the length of the chord in this case.