Can you explain the difference between Type I and Type II errors?

This is a very basic technical question which most machine learning professionals and anyone who has taken a class in statistics can answer. The type of technical questions you will be asked during an interview will range from very simple to very difficult. This depends on the interview stage, the position for which you are interviewing, and the hiring manager's knowledge. Regardless of the question's complexity, your answer should still be brief and to the point, and you should anticipate follow-up questions.