My understanding (and please keep in mind this advice is worth what you paid for it) is that the Hogan used to be a gating tool. In other words, you could indeed fail it and would not be invited to interview.
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However, I have been told that it isn't a gating tool anymore, but that you are assigned a point value for the Hogan, as well as being assigned a point value for your app and interview. So the cumulative value of those points determines who gets hired. As for whether this is accurate, I haven't a clue, but am simply repeating what I was told (not by anyone on the hiring team at all).

That said, I have to imagine that there are ways to answer the Hogan that would preclude someone from consideration. Selecting "strongly agree" to the statement "I hear voices in my head telling me to kill people", I have to think, would get someone disqualified...