Restaurant menu updates: Introducing new menu items without negatively impacting the sales of existing dishes.

Dining out: Recognize when menu prices are designed to anchor your choices and make decisions based on your preferences and budget.

Menu choices: Recognizing the decoy effect can help you select dishes at a restaurant without being swayed by strategically placed, less attractive options.

Jury selection: (Topic: Deep probability Understanding) Keep the principles of probability in mind when evaluating the likelihood of shared experiences or biases among potential jurors.

College selection: (Topic: Deep probability Understanding) Evaluating the likelihood of success in different programs and universities based on acceptance rates, graduation rates, and job placement statistics.

Vendor Selection: Choosing the right partners based on their position in the value chain.

Wardrobe selection: Use the rule to put together outfits that are visually appealing and well-coordinated.

Hobby Selection: SWOT analysis can guide individuals in choosing hobbies by evaluating their interests and skills (strengths), potential time constraints (weaknesses), opportunities for social engagement, and potential threats to sustaining the hobby.

Personal Reflection: Engaging in self-reflection while considering self-serving bias can lead to more realistic self-improvement goals and better emotional growth.

Personal Growth: Encouraging self-awareness and self-reflection for personal development.