If the a priori alpha for a test is set at p=0.01, then which of the following is true? Check all that apply.

The alpha is too low, since it should always be set at p=0.05

A p level of the statistic at or lower than 0.01 means that we should reject the null hypothesis

It means that we are willing to accept a 1 in 100 chance that our findings are true

It means that we are willing to accept a 1 in 100 chance that our findings resulted purely from chance (sampling error)

It means that we are willing to accept a 1 in 100 chance that we will make a type 1 error