Human cognitive and perception processes have a great tolerance for imprecision or uncertainty. For this reason, the notions of perception and cognition have great importance in solving many decision making problems in engineering, medicine, science, and social science as there are innumerable uncertainties in real-world phenomena. These uncertainties can be broadly classified as either type one uncertainty arising from the random behavior of physical processes or type two uncertainty arising from human perception and cognition processes. Statistical theory can be used to model the former, but lacks the sophistication to process the latter. The theory of fuzzy logic has proven to be very effective in processing type two uncertainty. New computing methods based on fuzzy logic can lead to greater adaptability, tractability, robustness, a lower cost solution, and better rapport with reality in the development of intelligent systems. Fuzzy logic is needed to properly pose and answer queries about quantitatively defining imprecise linguistic terms like middle class, poor, low inflation, medium inflation, and high inflation. Imprecise terms like these in natural languages should be considered