premise: The Tampere Floral Festival is an annual summer festival held in Tampere, Southern Finland in July and/or August. During the festival the centre of the city is decorated by flower arrangements and about 150 events such as concerts, parades, a "wine village" and a children's day take place. The festival lasts approximately one week and attracts thousands of local residents and visitors.
hypothesis: The Tampere film festival is mostly held in August. It attracts thousands of local residents and visitors. 
reason: The information states that the festival is held in July and/or August however it does not state which month it is MOSTLY held in and therefore the statement is neither correct or incorrect based on the passage.