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No, we cannot conclude that the vessel contains 2m³ of water.
Given that the capacity of the vessel is 16m³ and the level indicator shows a value of 25% of the full scale, we can calculate the volume of water in the vessel as follows:
Volume of water = (25/100) * 16m³ = 4m³
Therefore, the vessel contains 4m³ of water, not 2m³.