context: Chances are about even that Bernhard is a frog. It is highly unlikely that John left the milk. It is likely that Lily is white.
hypothesis: There is a very good chance that lily is white, or Bernhard is a frog.
valid_hypothesis: There is a very good chance that lily is white, or Bernhard is a frog.
invalid_hypothesis: There is almost no chance that lily is white, or Bernhard is a frog.
hypothesis_assertion: Lily is white, or Bernhard is a frog.