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An auditor is preparing for a physical count of inventory as a means of verifying its value. Items counted are reconciled with a list prepared
An auditor is preparing for a physical count of inventory as a means of verifying its value. Items counted are reconciled with a list prepared by the storeroom supervisor. Normally 20% of the items counted cannot be reconciled without reviewing invoices. The auditor select 10 items.
Find the probability that at least 5 items cannot be reconciled.
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