Almost every school lists their average GMAT scores, but then also has a range (usually listed as 80%). I understand the average, but how should I interpret the 80% range. Does this mean that 80% of the people accepted scored in between that range, with the average being the average given? Example, if the average is 650 and the range is 600-700, I would assume people accepted scored in that range, but averaged 650. If this is true, when applying to a school, if I score below the average, but somewhere in the range, should I be competitive, assuming all other aspects of my application are strong?
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