<p>My initial skepticism regarding yield and admission rate reporting is tempered when considering the fact that I did not consider the many candidates that only apply to a single school (siblings, legacies, day students). I am not much of conspiracy theorist, but I bet there is at least a small amount of collusion amongst schools via communication with each other or through a counselor so that there is not a lot of overlap between Andover and Exeter acceptances (for example) and thus these yield rates remain very very high (>70%). By definition there can never be more than 30% of the either class that was accepted to both Exeter and Andover (for example). Seems a little unlikely given how qualified the students at either of these schools are, unless the applicants are so confident that they will get in to one or the other before and know which one they want to go to before they even finish their applications.</p>