I want to calculate this value exactly: $C=\frac{ \frac{65536!}{(65536 - 100)! }}{65536^{100}}$. Or at least I want to obtain an a convincing lower bound to argue that this value is close to 1.
It can be easily seen that the numerator is a permutation value, aka $P^{65536}_{100}$, also note that $65536=2^{16}$, if this may help you simplfy the expression.
One can simply lower bound this value $C\geq \frac{ (65536-99)^{99} }{65536^{99}} \approx 86\% $. Could anyone offer me a tigher bound? Or, if you can do the best, obtain the exact value? Thanks a lot!
Consider the more general case of $$A=\frac{\frac{a!}{(a-b)!} }{a^b}$$ Take logatihms and use Stirling approximation for large $a$.
You should obtain $$\log(A)=-\frac{(b-1) b}{2 a}-\frac{(b-1) b (2 b-1)}{12 a^2}-\frac{(b-1)^2 b^2}{12 a^3}+O\left(\frac{1}{a^4}\right)$$
Using your numbers and my phone $$\log\Bigg(\frac{ \frac{65536!}{(65536 - 100)! }}{65536^{100}}\Bigg)=-\frac{5317713913875}{70368744177664}$$
$$\frac{30}{397}<\frac{5317713913875}{70368744177664} <\frac{73}{966}$$ giving $$ 0.92721542<A<0.92721784$$