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Both of the first two cards dealt are kings

Question

Two cards are dealt from a shuffled standard 5252-card deck. Find the probability that both are kings.

Short answer

1/2211/221. The first card is a king with probability 452\tfrac{4}{52} and then the second with probability 351\tfrac{3}{51}, giving 122652=1221\tfrac{12}{2652}=\tfrac{1}{221}.

Adapted from Crack, Heard on the Street, Q4.12, p.39; question and answer rewritten by SelfMadeQuant.com.

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