TITLE: Approximation for $(1 - \frac{1}{x})^x$
QUESTION [14 upvotes]: According to this survey paper on Bloom Filters, we can do the following approximation
$$(1 - \frac{1}{m})^{kn} \approx e^{\frac{-kn}{m}}$$
which allegedly is a $O(\frac 1m)$ approximation. I am curious as to why this is so. I know that:

$(1 - \frac{1}{x})^x$ eventually converges to $e^{-1}$ because of L'Hospital's rule. 
$(1 - \frac{1}{x})^x$ can be expressed as $e^{-1} \prod_{i=1}^{\infty} e^{\frac{-1}{(i+1)x^i}} $ using a Taylor expansion.

However, I don't see a clean way of showing that it is a $O(\frac 1m)$ approximation.

REPLY [19 votes]: We have:
$$
\left(1 - \frac{1}{x}\right)^x = e^{x\log\left(1-\frac{1}{x}\right)} = e^{x\left(-\frac{1}{x}-\frac{1}{2x^2}+o\left(\frac{1}{x^2}\right)\right)} = e^{\left(-{1}-\frac{1}{2x}+o\left(\frac{1}{x}\right)\right)}$$
by Taylor expansion of $\log(1-t)$ at $0$.
Then by expanding the exponential :
$$
 e^{\left(-\frac{1}{2x}+o\left(\frac{1}{x}\right)\right)} =
1-\frac{1}{2x}+o\left(\frac{1}{x}\right) + o\left(\frac{1}{x}\right) = 1+O(1/x)
$$
So that plugging everything back:
$$\left(1 - \frac{1}{x}\right)^x = e^{-1}(1+O(1/x)) = e^{-1}+O(1/x)$$