Official Solution: Elvin has sent wish lists to both Santa and Mrs. Claus. What is the probability that he will receive gifts from neither of them? We have:
{Santa only} + {Mrs. Claus only} + {Both} + {Neither} = 1
The question asks to find the probability of {Neither}.
(1) The probability that he will receive gifts from both Santa and Mrs. Claus is \(\frac{1}{4}\).
This implies that {Both} = \(\frac{1}{4}\). Not sufficient.
(2) The probability that he will receive gifts from exactly one of them is three times the probability that he will receive gifts from both.
This implies that {Santa only} + {Mrs. Claus only} = 3*{Both}. Not sufficient.
(1)+(2) Since from (1) {Both} = \(\frac{1}{4}\) and from (2) {Santa only} + {Mrs. Claus only} = 3*{Both}, then {Santa only} + {Mrs. Claus only} = \(\frac{3}{4}\). Thus, we have that \(\frac{3}{4} + \frac{1}{4} + \text{{Neither}} = 1\), which yields {Neither} = 0. Of course, Elvin won't be left without gifts on Christmas! Sufficient.
Answer: C