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May 13, 2016 at 10:50 vote accept Jack M
May 13, 2016 at 8:09 comment added Carlo Beenakker @JackM --- the stated formula is an asymptotic large-$n$ result, I don't think you can hope for an exact agreement at finite $n$, see the derivation below.
May 12, 2016 at 22:10 comment added Jack M @KevinP.Costello I don't quite see how that leads to the stated formula, though. In the $n = 3, k= 1$ case that I mentioned, if we ignore the possibility of a single cutpoint, we still get $p^2(1-p)=\frac 1 8$, and not $\frac 1 6$.
May 12, 2016 at 20:49 answer added Carlo Beenakker timeline score: 1
May 12, 2016 at 20:39 comment added Kevin P. Costello Immediately prior to the passage you state the author notes that the given probability is not exactly correct "because of the remote possibility that, at a given shuffle, there are no cutpoints at all or exactly one cutpoint", but that this becomes vanishingly unlikely as $n$ increases.
May 12, 2016 at 20:01 history asked Jack M CC BY-SA 3.0