A study was completed that examines the relationship between alcohol consumption and level of stress for a group of 50 undergraduates. The correlation was .373, and it was a two-tailed test, done at the .01 level of significance.

First, is the correlation significant?

Second, what's wrong with the following statement? "As a result of the data collected in this study and our rigorous analyses, we have concluded that if you drink less alcohol, you will experience less stress."

Make sure that you address each part of the question.