dukes wrote:
Lich wrote:
Yes, I am comparing our stats to the GSB averages. In 2005, I think the GPA average was 3.4, while the medium GMAT is 710.
Our collective GPA in R1 is 3.15 (excluding helg's GPA) with a 730 GMAT score. In this light, as a group we really are not that impressive an ensemble. Personally, I think the R1 stats seem rather mediocre (this includes my stats)
Mediocre compared to what? You are comparing the group against members of the last GSB class, not against the GSB applicant pool. Yes, the group's stats are probably slightly below those of admitted students, but they're pretty competitive and probably above the average GSB applicants. I would bet that that groups ends up with a higher admit rate than the overall GSB admit rate. I.e. better than 1 in 5.
We've beat the 1 in 5 odds already because everyone listed in that box was interviewed - and they interviewed roughly 50 to 60%. That is, statistically speaking, if there had been 16 applicants, they would have accepted about 3 to 4.
Roughly 8 would have been interviewed (of those 16), and roughly half that would be accepted.
In other words, out of the BLUE TEAM, we roughly can except 3 to 4 of us to be accepted - approx 40-50% at this point.
To do better than average we'd need to have 5 or more accepts from the BLUE TEAM.