FTT, as it applies to reasoning, is adapted from dual process models of human cognition. It differs from the traditional dual process model in that it makes a distinction between impulsivity and intuition—which are combined in System 1 according to traditional dual process theories—and then makes the claim that expertise and advanced cognition relies on intuition. The distinction between intuition and analysis depends on what kind of representation is used to process information. The mental representations described by FTT are categorized as either gist or verbatim representations: Gist representations are bottom-line understandings of the meaning of information or experience, and are used in intuitive gist processing. Verbatim representations are the precise and detailed representations of the exact information or experience, and are used in analytic verbatim processing. Generally, most adults display what is called a "fuzzy processing preference," meaning that they rely on the least precise gist representations necessary to make a decision, despite parallel processing of both gist and verbatim representations. Both processes increase with age, though the verbatim process develops sooner than the gist, and is thus more heavily relied on in adolescence. In this regard, the theory expands on research that has illustrated the role of memory representations in reasoning processes, the intersection of which has been previously underexplored. However, in certain circumstances, FTT predicts independence between memory and reasoning, specifically between reasoning tasks that rely on gist representations and memory tests that rely on verbatim representations. An example of this is research between the risky choice framing task and working memory, in which better working memory is not associated with a reduction in bias. FTT thus explains inconsistencies or biases in reasoning to be dependent on retrieval cues that access stored values and principles that are gist representations, which can be filtered through experience and cultural, affective, and developmental factors. This dependence on gist results in a vulnerability of reasoning to processing interference from overlapping classes of events, but can also explain expert reasoning in that a person can treat superficially different reasoning problems in the same way if the problems share an underlying gist. Risk perception and probability judgments FTT posits that when people are presented with statistical information, they extract representations of the gist of the information (qualitatively) as well as the exact verbatim information (quantitatively). The gist that is encoded is often a basic categorical distinction between no risk and some risk. However,