You don't get to choose a rear gear ratio.
It chooses you.
Application dictates gear ratio.
for economy, the final gear must provide adequate cruise MPH and RPM for minimal friction and minimal wasted energy.
for 1/4 mile racing, the rear gear ratio is determined by the weight, power and rpm capability of the vehicle, e.g. 3000lbs 500-700rwhp, 27.4" Tall tire, max rpm 6300rpm, the car needs to be able to achieve at least 140mph so the use of a 3.2 to 3.4:1 ratio would be ideal. A 3.73 would not work for that application.
For 1/2 mile or 1-mile racing, a 2.70 or 2.50:1 might be required to get the mph 180 200 etc...
Some engines can spin 9000rpm or more so the gear ratio always needs to adjust to suite the ability of the engine/trans and weight. Some vehicles go up and down in weight frequently (trucks carrying loads) and this too must be factored into the ratio of the differentials and trans.