context: Chances are slight that Julius is gray. It is highly likely that Lily is yellow. It is probably the case that Daniel put down the milk.
hypothesis: There is a very good chance that either Lily is yellow, or Julius is gray.
valid_hypothesis: There is a very good chance that either Lily is yellow, or Julius is gray.
invalid_hypothesis: We doubt that either Lily is yellow, or Julius is gray.
hypothesis_assertion: Either Lily is yellow, or Julius is gray.