Well you have been sleeping in class again LOL. You could use that but you would need about 50 of them because they are only .8 ohms. They are used to protect the ignition coils and points in the points ignition system. Your resistor will work fine. You can put it anywhere in the brown wire but be sure to use heat shrink insulation on it after you solder it in place.
Did you do the voltage test to see if the brown wire has power with the key on?
Here's a diagram of how simple it is to install.
You won't need the red S wire because the alternator does it's voltage sensing internally.