Concept:
To solve an equation containing multiple trigonometric functions (like both sine and cosine), use fundamental identities to convert the entire equation into a single function. The Pythagorean identity $\sin^2\theta + \cos^2\theta = 1$ is ideal for transforming squared terms.
Step 1: State the given equation.
We are given the trigonometric equation:
$$\sin^2\theta + 2\cos^2\theta = \frac{7}{4}$$
Step 2: Apply the Pythagorean identity.
Recall that $\sin^2\theta = 1 - \cos^2\theta$. Substitute this expression into the given equation to entirely eliminate the sine term:
$$(1 - \cos^2\theta) + 2\cos^2\theta = \frac{7}{4}$$
Step 3: Simplify the equation.
Combine the like $\cos^2\theta$ terms algebraically:
$$1 + \cos^2\theta = \frac{7}{4}$$
Step 4: Isolate the trigonometric function.
Subtract 1 (which is $\frac{4}{4}$) from both sides to solve for $\cos^2\theta$:
$$\cos^2\theta = \frac{7}{4} - \frac{4}{4}$$
$$\cos^2\theta = \frac{3}{4}$$
Take the square root of both sides. Since $0 \le \theta \le 90^\circ$ (first quadrant), cosine must be positive:
$$\cos\theta = \frac{\sqrt{3}}{2}$$
Step 5: Determine the angle $\theta$.
Recall the standard unit circle values. The angle in the first quadrant whose cosine is $\frac{\sqrt{3}}{2}$ is 30 degrees.
$$\theta = 30^\circ$$
Hence the correct answer is (B) $30^{\circ$}.