The basics of type 1 and 2 errors | explained with a simple example

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In this video, we will learn about type 1 and 2 errors that can be made in statistical hypothesis testing.
1. What is a type 1 error?
2. What is a type 2 error? (05:17)
3. False positive, true negative, false negative and true positive (08:42)
4. Drug example (10:47)
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