Fill in the correct labels for the following figure using the word bank below.
-C ___________
Definitions:
Type II Error
The error made when failing to reject a false null hypothesis, also known as a false negative.
Acquitted
The legal judgment that a person is not guilty of the crime with which they were charged.
Type II Error
The mistake made when a wrong null hypothesis is mistakenly accepted.
Beta (β)
A measure of the volatility, or systematic risk, of a security or portfolio in comparison to the market as a whole.
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