For Question 7, the researcher must fail to reject the null hypothesis with either \( \alpha = 0.05 \) or \( \alpha = 0.01 \). For Question 8, the size of the treatment effect, as measured by Cohen's d, is \( 0.5 \).
Thus, the answers are:
- Question 7: The researcher must fail to reject the null hypothesis with either \( \alpha = 0.05 \) or \( \alpha = 0.01 \).
- Question 8: \( d = 0.5 \).
\[
\boxed{\text{Question 7: Fail to reject } H_0, \text{ Question 8: } d = 0.5}
\]