context: It is likely that John took the milk. It is probably not the case that Julius is a rhino. There is little chance that Brian is a frog.
hypothesis: There is a very good chance that john took the milk, or Julius is a rhino.
valid_hypothesis: There is a very good chance that john took the milk, or Julius is a rhino.
invalid_hypothesis: Chances are slight that john took the milk, or Julius is a rhino.
hypothesis_assertion: John took the milk, or Julius is a rhino.