The statistical significance "flag" in SPSS is called the p value by statisticians and is denoted with "significance" or "probability" or their abbreviations.

Question

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The statement is correct. The p value represents the probability of obtaining the observed differences (or more extreme) by chance alone, and it is usually denoted with "significance" or "probability" or their abbreviations (e.g. p or alpha). SPSS includes this information in the output of statistical tests.

The Statistical Significance "Flag" in SPSS Is Called the P