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indicate the hypothetical evolutionary relationship between two species of their DNA sequences share a 98 percent similarity

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This means that we are virtually certain to share a common ancestor at some point in our evolutionary history. Although this 2 percent difference can manifest itself as huge phenotypical differences between species (such as between humans and chimpanzees), it indicates that our species diverged relatively recently on the evolutionary timeline. 

Answer:

his means that we are virtually certain to share a common ancestor at some point in our evolutionary history. Although this 2 percent difference can manifest itself as huge phenotypical differences between species (such as between humans and chimpanzees), it indicates that our species diverged relatively recently on the evolutionary timeline.

Explanation: