Factual error: When the boys are sent back to the Cretaceous era, they come across a leptictidium, a small, bipedal mammal they call "Leppy." Leptictidium were not around in the cretaceous, they didn't appear until around ten million years after the dinosaurs went extinct, in the early Paleogene. They also lived in Europe, not North America.
Factual error: Jimmy tells Carl and Sheen they were sent back 200 million years and throughout the episode, they say they are in the Cretaceous period. The Cretaceous period actually started around 145 million years ago. They would actually be in the mid Jurassic period. Also, the tyrannosaurs didn't appear until much later in the Cretaceous, around 70 million years ago.