context: It is highly unlikely that Julius is a frog. It is unlikely that Winona is a wolf. It is improbable that John grabbed the milk.
hypothesis: There is a very good chance that winona is a wolf, or Julius is a frog.
valid_hypothesis: It is probably not the case that winona is a wolf, or Julius is a frog.
invalid_hypothesis: There is a very good chance that winona is a wolf, or Julius is a frog.
hypothesis_assertion: Winona is a wolf, or Julius is a frog.