context: There is a very good chance that Julius is yellow. There is a better than even chance that Greg is yellow. It is improbable that Bernhard is white.
hypothesis: We believe that either Bernhard is white, or Julius is yellow.
valid_hypothesis: We believe that either Bernhard is white, or Julius is yellow.
invalid_hypothesis: It is probably not the case that either Bernhard is white, or Julius is yellow.
hypothesis_assertion: Either Bernhard is white, or Julius is yellow.