"Actually though it looks like Alan has made a mistake in his arithmetic right at the end."
I did indeed make a mistake in the arithmetic of the last line. It should have been:
nCr(97,5)/nPr(97,5) = 0.00833... (= 1/5!)
In general: nCr(n,k)/nPr(n,k) = n!/[(n-k)!k!]*(n-k)!/n! = 1/k! (as given directly by Nauseated).