context: There is a very good chance that Jason is bored. There is almost no chance that Brian is white. There is a better than even chance that Lily is white.
hypothesis: Chances are about even that either Lily is white, or Jason is bored.
valid_hypothesis: Chances are about even that either Lily is white, or Jason is bored.
invalid_hypothesis: It is highly unlikely that either Lily is white, or Jason is bored.
hypothesis_assertion: Either Lily is white, or Jason is bored.