The blog says:
"Here are the two most common reasons for being waitlisted: (1) your academic record wasn’t as competitive as other applicants whose experience or background was similar to yours; (2) your work experience wasn’t as strong as others in the pool (in terms of what you’ve accomplished to date)"
So, if I get this correctly, they have just looked at the numbers and not viewed the profile holistically or given much importance to the way the essays have been written or how an individual has expressed his/her stories. THAT is something not expected from such a reputable institution. I mean, if they only wanted to know about the numbers, there was no point in asking us to spend so much time in writing those looooong essays.
REALLY DISAPPOINTED NOW!! knowing that they think all the applicants' stories / essay qualities are similar and what they really care about is THEIR business and numbers!!!!!!!!!!!!!!!!!!