To simplify the given expression, apply the power of a power property \((a^m)^n = a^{m \cdot n}\) to each component inside the parentheses. Then, multiply the exponents of like bases.
Step 1: Rewrite the Expression
We start with the expression:
\[
\left(x^{\frac{1}{2}} x^{2} y^{\frac{4}{3}}\right)^{\frac{3}{2}}
\]
Step 2: Apply the Power of a Power Property
Using the property \((a^m)^n = a^{m \cdot n}\), we can rewrite the expression as:
\[
\left(x^{\frac{1}{2} + 2} y^{\frac{4}{3}}\right)^{\frac{3}{2}}
\]
Calculating the exponent for \(x\):
\[
\frac{1}{2} + 2 = \frac{1}{2} + \frac{4}{2} = \frac{5}{2}
\]
Thus, the expression becomes:
\[
\left(x^{\frac{5}{2}} y^{\frac{4}{3}}\right)^{\frac{3}{2}}
\]
Step 3: Simplify the Expression
Now, applying the power of a power property again:
\[
x^{\frac{5}{2} \cdot \frac{3}{2}} y^{\frac{4}{3} \cdot \frac{3}{2}} = x^{\frac{15}{4}} y^{2}
\]
Final Answer
The simplified expression is:
\[
\boxed{x^{\frac{15}{4}} y^{2}}
\]