If I choose an alpha of 01 it means that I will Reject the n

If I choose an alpha of .01, it means that I will:

Reject the null hypothesis if the observed outcome has more than a 1% chance of occurring under the null condition

Fail to reject the null hypothesis if the observed outcome has less than a 1% chance of occurring under the null condition

Reject the null hypothesis if the observed outcome has less than a 1% chance of occurring under the null condition

None of the above.

Solution

Reject the null hypothesis if the observed outcome has less than a 1% chance of occurring under the null condition

This translates to: reject null if p-value < 0.01