To determine the correctness of the assertion and the reason, we need to evaluate both statements:
During the electrolysis of water, the following reaction takes place:
\(2H_2O(l) \rightarrow 2H_2(g) + O_2(g)\)
This indicates that 2 moles of water decompose to produce 2 moles of hydrogen gas and 1 mole of oxygen gas. By Avogadro's law, under constant conditions of temperature and pressure, equal moles of gases occupy equal volumes. Therefore, the volume of hydrogen produced is indeed twice that of oxygen. Thus, the assertion is true.
The chemical formula of water is \(H_2O\), indicating that each molecule of water contains 2 hydrogen atoms and 1 oxygen atom. However, this is a molecular ratio, not a volume ratio. In terms of the volume ratio from water's composition, the volume of hydrogen in water is twice that of oxygen, not the other way around. Therefore, the reason is false.
Based on this analysis: