context: It is unlikely that Lily is a frog. It is highly likely that John left the milk. It is highly likely that Julius is green.
hypothesis: We believe that either Lily is a frog, or Julius is green.
valid_hypothesis: We believe that either Lily is a frog, or Julius is green.
invalid_hypothesis: Chances are slight that either Lily is a frog, or Julius is green.
hypothesis_assertion: Either Lily is a frog, or Julius is green.