CREATE TABLE table_7242 ("Conference" CLOB, "# of Bids" FLOAT, "Record" CLOB, "Win %" CLOB, "Round of 32" CLOB, "Sweet Sixteen" CLOB, "Elite Eight" CLOB, "Final Four" CLOB, "Championship Game" CLOB)

What Elite Eight had a Sweet Sixteen of 1 and a win % of .875?
SELECT "Elite Eight" FROM table_7242 WHERE "Sweet Sixteen" = '1' AND "Win %" = '.875'
SELECT "Elite Eight" FROM "table_7242" WHERE "Sweet Sixteen" = '1' AND "Win %" = '.875'