Official Solution: A basket contains only red and green chips. If two chips are drawn from the basket at random without replacement, what is the probability that both chips will be green? (1) 20% of all chips in the basket are green.
Therefore, 80% of all chips in the basket are red, which means that the ratio of the number of red chips to the number of green chips is 4:1 (80:20). Now, if there are a total of 5 chips in the basket (4 red + 1 green), then the probability that both chips will be green will be 0 (since there is only one green chip in the basket). However, if there are a total of 10 chips in the basket (8 red + 2 green), then the probability that both chips will be green will be greater than 0. This statement is not sufficient.
(2) The ratio of the number of red chips to the number of green chips is 4:1.
This information is the same as the information provided in statement (1). Thus, this statement is not sufficient.
(1) + (2) Both statements convey the same information, so we have no new information when combining them. Therefore, the combination of the statements is not sufficient.
Answer: E