Given the sequence below
[tex]8,12,18,27[/tex]The sequence above is a geometric series, therefore the formula for the common ratio(r) is
[tex]r=\frac{2ndterm}{First\text{ term}}=\frac{Thirdterm}{2nd\text{ term}}[/tex]Therefore,
[tex]\begin{gathered} r=\frac{12}{8}=\frac{18}{12} \\ r=\frac{3}{2}=\frac{3}{2} \end{gathered}[/tex]Hence, the answer is
[tex]\frac{3}{2}\text{ \lparen Option 3\rparen}[/tex]