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* 1. Decisions are rarely made on the spot

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* 2. The amount of conscious decisions made each day for an average adult:

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* 3. Which one of these steps do not belong in the seven-step decision making process identified by the University of Massachusetts Dartmouth?

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* 4. In contract theory, the asymmetry of information occurs when one person or party has more or better information than another person or party.

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* 5. When we weigh the evidence, we rarely have information to determine that this is the correct decision; rather, it's the most incorrect decision based on the available evidence.

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* 6. Rejection of the null hypothesis is a conclusive proof that the alternative hypothesis is: Null hypothesis.

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* 7. When using the example of excessive wait time in medical practice, there are several factors that could come into play, except for:

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* 8. Decision-making should be based on subjectivity, intuition and anecdote of bounded rationality. 

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* 9. When making a decision using our past experiences, there is no need to go through the decision-making process.

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