Approximate Admissions Data for Kellogg 2003
Sub650: 5% of applicants accepted
650-690: 14% of applicants accepted
700-740: 20% of applicants accepted
Above740: 24% of applicants accepted
NB: Kellogg's official releases show somewhat different values acceptance rates. For instance, they assert that the acceptance rate for 650-690 applicants was more than 15%.
From these data, higher GMAT scores are clearly associated with a higher chance of acceptance. Note how students with scores of 700 or higher are far more likely to be accepted than those with GMAT below 650 (the odds ratio of Sub650/Above690 is approximately 4.7).
Approximate yield data show the typical pattern (accepted students with lower qualifications are more likely to enroll)
Sub650: 74% of accepted enroll
650-690: 72% of accepted students enroll
700-740: 62%
Above740: 57%