Consider the following statements in respect of the ICC World Test Championship :

1. The finalists were decided by the number of matches they won.
2. New Zealand was ranked ahead of England because it won more matches than England. Which of the above statements is/are correct?

Statement 1 is not correct: The ICC determined the finalists of the World Test Championship (WTC) based on the percentage of points earned from contested matches, not the number of matches won. This adjustment was made due to the impact of the COVID-19 pandemic on scheduled matches. The percentage of points (PCT) is calculated as the percentage of points won out of the total possible points for each team.

Statement 2 is not correct: New Zealand ranked higher than England due to a higher percentage of points (70%) achieved through 7 wins and 4 losses. England had a 61% percentage of points with 11 wins and 7 losses. Thus, the ranking wasn't solely based on the number of wins.

Hence, neither statement 1 nor statement 2 is correct.