Statement - 1 : The product of the reaction is optically inactive.
Statement - 2 : In reactions involving epoxidation followed by hydrolysis, the overall addition is anti-oriented.

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optically inactive - due to plane of symmetry.
Addition is anti - oriented.
So. Statement I : Product of reaction is optically inactive
Statement II : In reaction involving epoxidatios followed by hydrolysis, the onciall addition is Anti oriented.