Examlex
The board of directors of Netflix declared a two- for-one stock split. If Sally Smith owned 400 shares before the split, how many shares does she own after the split?
Type I Error
The incorrect rejection of a true null hypothesis, also known as a "false positive."
Type II Error
The error that occurs when a statistical test fails to reject a false null hypothesis (a "false negative").
Innocent Person
An individual who has not committed the crime or offense they are being accused of.
Acquitted
Declared not guilty of a criminal charge in a court of law.