Step 1 :The first part of the question is asking for the number of ways to select 3 students out of 7 for interviews. This is a combination problem, because the order in which the students are selected does not matter. The formula for combinations is \(C(n, k) = \frac{n!}{k!(n-k)!}\), where n is the total number of items, k is the number of items to choose, and ! denotes factorial. So, \(C(7, 3) = \frac{7!}{3!(7-3)!} = 35\). Therefore, there are 35 ways that three students can be selected for interviews.
Step 2 :The second part of the question is asking for the probability that all three students selected are from Middle Georgia State College. There are 4 students from this college, so we need to find the number of ways to select 3 students out of these 4. This is also a combination problem, and we can use the same formula. So, \(C(4, 3) = \frac{4!}{3!(4-3)!} = 4\). The probability is then the number of ways to select 3 students from Middle Georgia State College divided by the total number of ways to select 3 students out of 7. Therefore, the probability is \(\frac{4}{35} = 0.11428571428571428\).
Step 3 :Final Answer: The probability that all three students selected for interviews are from Middle Georgia State College is approximately \(\boxed{0.1143}\) or \(\boxed{\frac{4}{35}}\) in reduced fraction form.