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Which of these strategies is MOST commonly used to decrease the probability of making a type II error?
Interest
The charge for borrowing money or the compensation paid to depositors on their deposits, usually expressed as an annual percentage rate.
Unpaid Balance
The amount of money that is still owed on a loan or credit line that has not yet been paid.
Loan Principal
The amount of money that is borrowed and must be repaid, not including interest or any other charges.
Property Tax Payable
A liability representing taxes due on the property owned by an individual or company, typically paid annually.
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