I hope you are doing well. Yes, it is possible. You can Follow the below steps to get your desired message.
Please navigate to Wp-admin > LifterLMS > Settings > Notifications > Kindly scroll down, You will find the “Quizzes: Quiz Failed” option, then please click on “Basic”. > Now change the title as per your choice > Save Changes.
I hope this will help you to solve your problem.
That did the trick! Problem solved. 🙂