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That is silly, sounds like Indian School of Business is more interested in increasing its ranking than getting better qualified candidates. Oddly that will probably just lead to lower rankings since they are trying to manage an ex post metric rather than an ex ante set of causes. Reminds me of somet...

by EPOC

Tue Jul 08, 2014 5:45 pm
Forum: GMAT Strategy
Topic: The Myth of the 800 GMAT
Replies: 24
Views: 96201

Ladies and Gents, 1. Half of scores are not higher and lower than the average... that is defined as the median (not mean)! 2. The mean is a weighted score that and it is not normally distributed in this case since the theoretical and practical caps of top schools are close to the higher end. 3. Prac...

by EPOC

Sun Aug 05, 2012 6:14 pm
Forum: GMAT Strategy
Topic: The Myth of the 800 GMAT
Replies: 24
Views: 96201