Thanks to others here, I know the correct way to calculate the probability of one pair in 5-card poker is
P(one pair) = $C(13, 1) * C(4, 2) * C(12, 3) * [C(4, 1)]^3 / C(52, 5)$ = 0.4225690276...
Why doesn't the following work? The answer comes out to exactly 1/10 of the correct answer (to over 20 decimal places) - I find that highly coincidental but I can't figure out where the factor of 10 comes from.
Once you've chosen the first card, you have a 3/51 probability of choosing the matching denomination for a pair.
Then you have a 48/50 probability of choosing a different denomination out of the remaining 50 cards for card #3.
Then you have a 44/49 probability of choosing another different denomination for card #4.
Then you have a 40/48 probability of choosing a fourth different denomination for card #5.
P(one pair) = 3/51 * 48/50 * 44/49 * 40/48 = 0.04225690276..., exactly 1/10 the answer above.
Thanks!