context: We believe that Lily is gray. Chances are about even that Bernhard is yellow. We doubt that Jessica is a wolf.
hypothesis: It is probably the case that either Lily is gray, or Jessica is a wolf.
valid_hypothesis: It is probably the case that either Lily is gray, or Jessica is a wolf.
invalid_hypothesis: Chances are slight that either Lily is gray, or Jessica is a wolf.
hypothesis_assertion: Either Lily is gray, or Jessica is a wolf.