context: It is probable that Jason is bored. There is a better than even chance that Brian is gray. It is impossible that Greg is a frog.
hypothesis: It is likely that greg is a frog, or Jason is bored.
valid_hypothesis: It is likely that greg is a frog, or Jason is bored.
invalid_hypothesis: Chances are slight that greg is a frog, or Jason is bored.
hypothesis_assertion: Greg is a frog, or Jason is bored.