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Is this the exact text from the book? The left side seems to represent the probability for

"No coalescence in $k$ lines in $t$ generations (i.e. the $Pr(k)^t$ term), and at least one coalescence among those lines in generation $t+1$ (the $1-Pr(k)$ term)"

which is the same event as

"First coalescence event in $k$ lines is exactly in generation $t+1$".

The right hand side is derived analogous to the second equation, with $1-\frac{1}{2N}$ ("no coalescence in two lines") replaced by $1-\frac{k\choose2}{2N}$ (approximation for "no coalescence in $k$ lines):

$$ \begin{align} Pr(k)^t \left[ 1-Pr(k) \right] &≈ \left( 1-\frac{k\choose2}{2N} \right)^t \left [1 - 1 + \frac{k\choose2}{2N} \right] \\ &\approx \exp\left( - \frac{k\choose2}{2N} t \right) \frac{k\choose2}{2N} \end{align} $$

were is first approximation is due to your first calculation. The second one seems to use a first order Tailor approximation of $\exp(x)$:

$$ \exp(-xt) = exp(-x)^t \approx (1-x)^t $$

Is this the exact text from the book? The left side seems to represent the probability for

"No coalescence in $k$ lines in $t$ generations (i.e. the $Pr(k)^t$ term), and at least one coalescence among those lines in generation $t+1$ (the $1-Pr(k)$ term)"

which is the same event as

"First coalescence event in $k$ lines is exactly in generation $t+1$".

The right hand side is derived analogous to the second equation, with $1-\frac{1}{2N}$ ("no coalescence in two lines") replaced by $1-\frac{k\choose2}{2N}$ (approximation for "no coalescence in $k$ lines).

Is this the exact text from the book? The left side seems to represent the probability for

"No coalescence in $k$ lines in $t$ generations (i.e. the $Pr(k)^t$ term), and at least one coalescence among those lines in generation $t+1$ (the $1-Pr(k)$ term)"

which is the same event as

"First coalescence event in $k$ lines is exactly in generation $t+1$".

The right hand side is derived analogous to the second equation, with $1-\frac{1}{2N}$ ("no coalescence in two lines") replaced by $1-\frac{k\choose2}{2N}$ (approximation for "no coalescence in $k$ lines):

$$ \begin{align} Pr(k)^t \left[ 1-Pr(k) \right] &≈ \left( 1-\frac{k\choose2}{2N} \right)^t \left [1 - 1 + \frac{k\choose2}{2N} \right] \\ &\approx \exp\left( - \frac{k\choose2}{2N} t \right) \frac{k\choose2}{2N} \end{align} $$

were is first approximation is due to your first calculation. The second one seems to use a first order Tailor approximation of $\exp(x)$:

$$ \exp(-xt) = exp(-x)^t \approx (1-x)^t $$

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Is this the exact text from the book? The left side seems to represent the probability for

"No coalescence in $k$ lines in $t$ generations (i.e. the $Pr(k)^t$ term), and at least one coalescence among those lines in generation $t+1$ (the $1-Pr(k)$ term)"

which is the same event as

"First coalescence event in $k$ lines is exactly in generation $t+1$".

The right hand side is derived analogous to the second equation, with $1-\frac{1}{2N}$ ("no coalescence in two lines") replaced by $1-\frac{k\choose2}{2N}$ (approximation for "no coalescence in $k$ lines).