jmc

Divide it into $2$ cases: 1) Keiko and Ephriam both get $0$ heads: This means that they both roll all tails, so there is only $1$ way for this to happen. 2) Keiko and Ephriam both get $1$ head: For Keiko, there is only $1$ way for this to happen because he is only flipping 1 penny, but for Ephriam, there are 2 ways since there are $2$ choices for when he can flip the head. So, in total there are $2\cdot 1=2$ ways for this case. Thus, in total there are $3$ ways that work. Since there are $2$ choices for each coin flip (Heads or Tails), there are $2^3=8$ total ways of flipping 3 coins. Thus, since all possible coin flips of 3 coins are equally likely, the probability is $\boxed{\frac{3}{8}}$.