We are given:
\[
a \cos^2 \frac{C}{2} + \cos^2 \frac{A}{2} = \frac{3b}{2}
\]
Step 1: Apply the cosine rule and trigonometric identities in terms of sides and angles of the triangle. We can use the identity for \( \cos \frac{C}{2} \) and \( \cos \frac{A}{2} \) and express the relationship between the sides \( a \), \( b \), and \( c \).
Step 2: Simplify the equation and express the ratio \( a + c : b \). Using basic algebraic manipulation and trigonometric relationships, we find that the ratio is:
\[
a + c : b = 2 : 1
\]
% Final Answer
\[
\boxed{2 : 1}
\]